Purpose of Audit

The purpose of our audit was to evaluate the Clerk’s financial management practices for the period of January 1 through December 16, 2013.

Background

The Town of Great Valley is located in Cattaraugus County, has a population of approximately 1,970 and is governed by an elected five-member Board. Budgeted general and highway fund appropriations for 2013 totaled approximately $1.2 million.

Key Findings

• The Clerk did not issue duplicate receipts for certain licenses and fees.
• The Clerk did not deposit all collections or remit all tax collections to the Town and County in a timely manner.
• The Board did not audit the Clerk’s records or engage an independent accountant to do so.

Key Recommendations

• Issue duplicate receipts when no other form of receipt is available.
• Deposit all collections in the bank in a timely and intact manner and remit by check all funds collected to the appropriate entities.
• Perform an annual audit of the Clerk’s records.