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Audit Objective

Determine whether Town officials adequately safeguarded and accounted for Highway Department (Department) assets.

Key Findings

• The Highway Superintendent did not maintain a complete and up-to-date inventory of Department assets.
• Department assets were not properly disposed of.
• Town officials did not adequately monitor fuel use, which resulted in 9,216 gallons of unrecorded fuel used at the highway facility, valued at $20,576.
• The Mooers Volunteer Fire Department (VFD) was not billed for 2,413 gallons of recorded fuel used, valued at $4,841.

Key Recommendations

• Maintain a complete, accurate and up-to-date inventory of all Department assets.
• Establish an asset disposition policy and procedures for the sale or disposal of unused assets.
• Ensure fuel inventories are periodically measured and perpetual inventory records are maintained.
• Bill the VFD for their recorded fuel used.

Town officials agreed with our recommendations and indicated they planned to initiate corrective action.