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Audit Objective

Determine whether the Village accurately paid salaries and wages and adequately monitored and recorded leave accruals and usage.

Determine if the Clerk-Treasurer maintained timely and complete records and reports to allow the Board to properly manage the Village’s finances.

Key Findings

• The Clerk did not withhold health insurance contributions totaling $5,392 from the Superintendent’s pay for the period March 2016 through February 2018.
• The Superintendent did not maintain his leave accruals according to the compensation agreement and employee handbook.
• The Clerk did not maintain adequate accounting records and failed to provide financial information to the Board.

Key Recommendations

• Consult with the Village Attorney to recoup the Superintendent’s unpaid health insurance premium.
• Provide appropriate oversight to ensure the Superintendent maintains his leave accruals accurately.
• Maintain adequate up-to-date accounting records and provide financial information to the Board.

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