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Audit flags internal-control gaps but finds transit commission financially stable
Summary
An independent KerberRose audit presented to the Oneida Vilas Transit Commission found segregation-of-duties weaknesses and missing credit-card receipts but noted $227,325 in unrestricted resources and a net position of $642,492; staff instituted a new form to capture wash-bay receipts.
Ethan Hoffman of KerberRose presented the firm’s audit of the Oneida Vilas Transit Commission at the commission’s May 18 meeting, identifying internal-control weaknesses while describing the agency’s near-term financial position as stable.
Hoffman told commissioners that KerberRose identified a segregation-of-duties deficiency — a common issue for small agencies — and noted missing credit-card receipts. The auditors said many missing receipts stemmed from vehicle-wash transactions at the car wash the commission uses; Transit Manager Barb Newman presented a new, auditor-approved form to capture the pertinent information for each occasion.
The audit report recorded $227,325 in unrestricted resources and a net position of $642,492. Hoffman characterized the commission’s net position as “even” for the year and commended Newman and her staff for uploading documentation in advance and maintaining good communication with auditors, which smoothed the audit process.
The presentation did not include recommendations for specific dollar rescues or an immediate staffing change; rather, auditors encouraged continued active financial oversight by the commission and adoption of the new receipt-capture practice. Commissioners did not take formal action on the audit at the meeting; next steps discussed included incorporation of the new form into routine financial controls and monitoring implementation.
