Audit Objective 

Determine whether the Village of Deposit (Village) Board of Trustees (Board) required adequate support for credit card claims. 

Key Findings 

Of the 93 credit card purchases (18 claims) during the audit period, the Board did not ensure compliance with the Village’s credit card policy and approved 83 credit card purchases (17 claims) totaling $20,659 without the required supporting documents. 

As a result, the Board approved the use of taxpayer funds without having support to show funds were being expended for legitimate Village purposes and increased the risk for fraud, waste or abuse. 

Key Recommendation 

• Ensure the deputy clerk complies with the Village’s credit card policy and that each claim has sufficient supporting documentation before authorizing payment. 

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