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Lenox council accepts 2023 audit; one finding cited on segregation of duties
Summary
Council accepted the citys 2023 audit. The audit included a finding related to lack of segregation of duties in revenue functions and other deficiencies; staff said they will address most items and seek a state law change related to duplicate handwritten receipts.
City finance staff and the mayor reviewed the completed 2023 audit with council. Staff said the audit identified a published finding for lack of segregation of duties in revenue functions and several other deficiencies the city intends to address.
Staff noted one reporting issue that the city will seek to address with the state legislature: the audit recommended issuing duplicate handwritten receipts for every revenue source under current code language. City staff said their accounting software documents payments and that they intend to seek a statutory change rather than revert to a handwritten duplicate system.
Council discussed the practical effects of segregation‑of‑duties findings and inventory controls for the wastewater treatment facility and street shop. Staff said they will work to resolve most deficiencies in the coming year and are exploring options to mitigate segregation risks for a small municipality.
The council moved and approved the 2023 audit report by voice vote.
