Town of Addison - Supervisor's Fiscal Responsibilities (2019M-03)

Issued Date
April 26, 2019

[read complete report - pdf]

Audit Objective

Determine if the Supervisor adequately fulfilled his fiscal responsibilities.

Key Findings

  • The Supervisor did not adequately fulfill his fiscal responsibilities because he failed to provide oversight of the Bookkeeper, who performs all financial duties, including online banking, on her personal computer.
  • Adequate accounting records were not maintained.

Key Recommendations

The Supervisor should:

  • Collect, disburse and maintain custody of all Town funds in accordance with policies, procedures and Town Law.
  • Provide proper oversight of the bookkeeper.
  • Maintain adequate accounting records.

Town officials generally agreed with our recommendations and stated they initiated corrective action. Appendix B includes our comment on an issue that was raised in the Town’s response letter.