Town of Fayette - Long-Term Planning and Information Technology (2019M-234)

Issued Date
May 01, 2020

[read complete report - pdf]

Audit Objective

Determine whether:

  • The Board established adequate long-term plans which appropriately addressed the Town’s operational and capital needs and funding sources.
  • Town officials adequately safeguarded information technology (IT) assets.

Key Findings

The Board did not:

  • Develop comprehensive long-term financial or capital plans.
  • Adequately safeguard the Town’s IT assets.

Key Recommendations

  • Develop and adopt comprehensive long-term financial and capital plans for a three- to five-year period.
  • Develop and implement written IT policies and procedures.

Town officials agreed with our findings and indicated they plan to initiate corrective action.