We found that the significant revenue and expenditure projections in the proposed budget are reasonable. The District's proposed budget complies with the tax levy limit because it includes a tax levy of $23,105,027, which is within the limits established by law. This budget review did not have any recommendations.

The Clerk did not record, deposit, remit or report all collections in a timely manner. As a result, the Town's collections were at a greater risk of being lost or misappropriated.

Extra-classroom activity (ECA) funds were not properly collected, recorded, remitted, deposited, disbursed and reconciled. The District did not have proper procedures or a faculty auditor.

Town officials did not ensure IT systems were adequately secured and protected against unauthorized use, access and loss.

District officials did not always use a competitive process to procure goods and services to achieve the optimal use of District resources.

Although District officials maintain a website, certain financial information was either not posted or comprehensive, resulting in a lack of transparency. This limits the community and other interested parties from readily accessing and reviewing documents to make informed decisions.

Corporation officials did not award all funds from the Program in accordance with established guidelines and did not ensure businesses complied with their agreements.

The Supervisor did not maintain the Town's accounting records and reports in a complete, accurate, up-to-date or timely manner.

The Clerk did not adequately perform her financial duties.

District officials did not establish adequate IT controls over physical IT assets and non-student user account access to the District's network.

The Board and District officials did not ensure computerized data was safeguarded.

The Board and District officials did not adopt realistic budgets and did not properly manage fund balance and reserves.

District officials did not adequately manage and monitor network user accounts.

District officials did not comply with the District's credit card use policy.

ECA and scholarship funds were not properly accounted for and appropriately used. A lack of adequate oversight, segregation of duties and lack of written policies and procedures for scholarship funds allowed the former Central Treasurer (Treasurer) to use funds donated for scholarships and funds collected from other revenue sources to conceal misappropriated and missing money.

The Board did not audit District claims properly.

Town officials did not properly budget for and allocate sales tax revenue. As a result, Town taxpayers residing outside the Villages did not receive all the benefit they should have from County sales tax distributions.

We found the Board ensured that claims we reviewed were adequately documented and for appropriate purposes. However, claims were not always properly audited and approved before payment.

The Board did not ensure that claims were adequately supported and properly audited before payment. In addition, the current claims auditor did not receive proper training to fulfill the Board's claims audit responsibilities. As a result, there is an increased risk that improper or unsupported payments could be made and not be detected and corrected.

While Town officials ensured that goods and services were received for the claims we reviewed, the Town Board (Board) did not ensure all claims were appropriately audited and approved.