(Town of Lincoln, NY – Feb. 2013) In a recent audit by the Office of the State Comptroller, auditors found that despite the district board claims it conducted regular internal reviews of the secretary-treasurer’s financial records, bank statements and canceled checks, the Lincoln Fire District was unable to provide auditors with any written evidence of this review.
“The treasurer did not file the required annual financial reports with OSC for the 2009, 2010 and 2011 fiscal years” Comptroller Thomas DiNapoli said in a press release last week. “The district board was unable to provide auditors with an adopted investment policy and a code of ethics, which are required by law.”
The release did not comment on other findings or recommendations for remediation.