I have posted previously about the Village Board's duty to perform annual audits, and the apparent failure of the Board to do so since the last financial audit performed in 2002. A recent FOIL request for all audits performed by the Board between April 2004 and present was submitted and the Village responded with a copy of one "audit." But this is not really an audit of the Village's accounting records, it is a report on "agreed-upon procedures." This is a report of specific items the Village Board requested to be sampled and reviewed by the CPA. In the last page of the report the CPA states that they were specifically not engaged to perform an audit of the accounting records.
Questions remain - why hasn't the Village Board conducted an audit of the Village's financial accounts and operations, why have taxes been collected annually (according to the budgets) for auditing services when no audits have been conducted, how were the paid consultants for the shared services/dissolution study and the Dissolution Committee able to provide recommendations to the public without having current information about Village finances, why has the Village repeatedly told the NYS Comptroller's Office that they will be conducting an annual audit then repeatedly fail to do so?
Now that voters have determined to dissolve Village government, will the Village Board engage a CPA to audit its financial accounts before the Town takes over operations?
Here is the "audit":
