Purpose of Audit

The purpose of our audit was to determine whether the Town Supervisor adequately performed the duties as chief financial officer for the period January 1, 2015 through October 2, 2017.

Background

The Town of Carlton is located in Orleans County and has a population of approximately 3,000. The Town is governed by an elected five-member Town Board. Budgeted appropriations for 2017 totaled approximately $2.5 million.

Key Findings

• The Supervisor did not ensure accounting records were accurate and complete and did not deposit receipts in a timely manner. We found that 93 percent of receipts reviewed totaling $1.47 million were deposited, on average, 35 days after receipt.
• The Supervisor has not submitted an annual accounting to the Board for fiscal years 2015 and 2016 and has not provided the public accountant hired to audit the books and records with adequate information. As a result, the 2015 and 2016 annual audits have not been performed.

Key Recommendations

• Maintain complete and accurate accounting records and deposit all money in a timely manner.
• Submit annual financial reports to the Board and cooperate with the public accountant hired to audit the books and records.