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NYS Comptroller

THOMAS P. DiNAPOLI

Audits of Local Governments and School Districts


Village of South Corning – Clerk-Treasurer’s Records and Reports (2017M-114)


Released: November 17, 2017 -- [read complete report - pdf]

Purpose of Audit

The purpose of our audit was to examine the Clerk-Treasurer’s records and reports for the period March 1, 2015 through April 27, 2017.

Background

The Village of South Corning is located in the Town of Corning in Steuben County and has a population of approximately 1,100. The Village is governed by a five-member Board of Trustees. Budgeted appropriations for the 2017-18 fiscal year total approximately $790,000.

Key Findings

  • The Clerk-Treasurer did not maintain complete, accurate and timely accounting records.
  • The Board did not receive reconciled bank statements with the financial reports.
  • The Clerk-Treasurer submitted an inaccurate 2016 annual update document (AUD) to OSC that was 88 days late.
  • The Board did not perform, or contract with an independent auditor to perform, an annual audit of the Clerk-Treasurer’s books and records.

Key Recommendations

  • Maintain accurate and timely accounting records.
  • Include reconciled bank statements with the monthly reports provided to the Board.
  • File the Village’s AUD with OSC within 60 days after the close of the fiscal year.
  • Conduct an audit, or arrange for an audit, of the Clerk-Treasurer’s records and reports on an annual basis.

Local Government and School Accountability Contact Information:

Phone: (518) 474-4037; Email: localgov@osc.state.ny.us
Address: Office of the State Comptroller, Division of Local Government and School Accountability
110 State Street, 12th Floor; Albany, NY 12236