West Seneca Fire District #3 - Capital Reserves (2019M-248)

Issued Date
March 20, 2020

[read complete report - pdf]

Audit Objective

Determine whether the Board properly managed capital reserves.

Key Findings

  • The Board funded reserves by $500,000 more than the amounts included in the annual budget over a five-year period.
  • The District did not publish the required legal notices for five expenditures totaling $180,000 that were subject to permissive referendum.

Key Recommendations

  • Ensure budgets include the planned funding and use of reserves.
  • Ensure reserve expenditures comply with legal requirements to publish notices of permissive referendum.

District officials generally agreed with our findings and recommendations and indicated they plan to take corrective action.