Purpose of Audit

The purpose of our audit was to review the Town’s internal controls over financial operations for the period January 1, 2014 through January 31, 2015.

Background

The Town of Hebron is located in Washington County and has a population of approximately 1,850. The Town is governed by an elected five-member Town Board. Budgeted appropriations for 2015 total approximately $1 million.

Key Findings

• The Supervisor did not provide the Board with adequate monthly financial reports.
• The Supervisor delegated his responsibility of signing checks to his clerk.
• The Board did not audit the financial records of some Town officers and employees.

Key Recommendations

• Provide the Board with adequate monthly financial reports, including reconciled cash balances for each fund, budget status reports and bank reconciliations accompanied by bank statements.
• Ensure that checks are signed only by the Town Supervisor or, in his absence, the Deputy Supervisor, as required by statute.
• Annually conduct or obtain an audit of the financial records and reports of all Town officers and employees who receive or disburse money on behalf of the Town.