Purpose of Audit

The purpose of our audit was to determine whether the Town Clerk recorded, deposited, remitted and reported all money in a timely and accurate manner for the period January 1, 2014 through November 10, 2016.

Background

The Town of Lexington is located in Greene County and is governed by an elected five-member Town Board. Real property taxes collected for the audit period totaled $4.9 million and fees collected for the audit period totaled $45,654.

Key Findings

• Real property taxes totaling nearly $1.9 million and fees totaling $16,861 were not deposited in a timely manner.
• Clerk fees totaling $781 were recorded but not deposited, and although the Clerk reimbursed Town officials $405, she has not yet compensated officials for the remaining $376 collected but not deposited.

Key Recommendations

• Properly collect, record and deposit all real property taxes and Clerk fees intact and in a timely manner.
• Consult with the Town’s counsel and attempt to recoup the $376 not deposited.