New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
City of Little Falls – Financial Condition Audit Follow-Up (Herkimer County)
The city has not addressed 12 audit recommendations made in a June 2021 audit. City officials could not provide reasonable explanations for their lack of corrective action.
Scio Central School District – Capital Assets (Allegany County)
District officials did not maintain complete and accurate capital asset records. As a result, of the 100 capital assets valued at $113,000, 51 assets worth $38,000 could not be located. The missing assets included laptops, digital cameras, computer monitors and televisions. Auditors found 38 capital assets worth $47,000 did not have their location listed. In addition, although required annually, the last physical inventory was conducted in 2017. The superintendent and former business administrator, while familiar with the district’s asset policy and procedures, did not comply with them. Had the board ensured compliance, complete and accurate assets records may have been maintained.
Village of Dolgeville – Treasurer’s Records and Reports (Herkimer and Fulton Counties)
The treasurer did not record all financial activity using proper accounting procedures. As a result, inadequate records and reports were maintained, and the board lacked the financial information necessary to properly monitor and manage village finances. The treasurer did not: properly account for fund balance within each village fund or establish capital projects funds to separately account for the financial activity of projects undertaken; periodically reconcile water and sewer receivable control account balances to the total of the individual customer account balances. The treasurer also did not provide adequate budget status and balance sheet reports to the board each month or prepare and file the required annual financial report with the Office of the State Comptroller for the 2019-20 through 2022-23 fiscal years.