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Mayor asks auditor to review past transfers as council approves interfund moves and supplements
Summary
Council approved revenue supplements, interfund advances and transfers after the fiscal officer presented the items; Mayor Iudiciani asked that the state auditor be notified about prior transfers from the sewer capital improvements fund and an expected shortfall.
During routine financial business on Sept. 11, Lowellville's fiscal officer presented a package of revenue supplemental, interfund advance and transfers, and appropriation supplements. Council moved to approve the package on roll call.
Mayor Iudiciani raised concern about past transfers from the sewer capital improvements fund to the general fund, noting that while the council had been told the auditor was contacted about the transfer, there was no record of that contact. The mayor asked administration to notify the state auditor that the village expects a shortfall and to seek guidance on proper reconciliation. The administrator said staff will contact the state auditor and that $2,500 is being deposited monthly into the sewer capital improvements account going forward.
Council approved the fiscal actions presented by the fiscal officer and directed staff to reconcile interfund activity and report back to the auditor and council.
Next steps: Administration to contact state auditor, reconcile interfund transfers, and report findings to council.
