Purpose of Audit

The purpose of our audit was to evaluate internal controls over purchasing for the period of January 1, 2013 through January 24, 2014.

Background

The Town of Villenova is located in Chautauqua County and is governed by a five member elected Town Board. Its population is approximately 1,100 residents. Budgeted appropriations for 2014 total about $775,000.

Key Findings

• Town officials did not solicit quotes for certain purchases.
• Purchase prices were not always verified and certain contracts were not authorized by Board resolution.

Key Recommendations

• Monitor purchases for compliance with the adopted purchasing policy.
• Award bids and authorize the use of State or county bids by Board resolution.