Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Audit committee warned of long-running reconciliation gaps in county tax system; IT to produce reports
Summary
The county auditor told the Davis County Audit Committee Sept. 19 that unreconciled differences among CoreTax, bank records and the general ledger have produced parked receipts dating to 02/2006, inconsistent monthly distributions and at least one double distribution; staff and IT will stabilize the error and report back in November.
Curtis of the auditor's office told the Audit Committee on Sept. 19 that Davis County faces a persistent reconciliation problem among three systems: the tax system (CoreTax), the county's bank records (Wells Fargo) and the general ledger (Munoz). "We have a three-legged stool: CoreTax, the bank and the general ledger," Curtis said, arguing the systems must be reconciled to produce accurate monthly distributions to taxing entities.
Curtis described several concrete issues he said staff found when running new reports: long-standing "parked receipts," including at least one entry back to "02/2006," inconsistent month-to-month variance (he cited an example mismatch of about $174,000…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat