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Easton Board of Finance flags audit internal-control concern, hears Munis report and cooling-center use
Summary
Board members said they want auditors to address a reported "significant deficiency in internal control," discussed surplus reconciliation and Munis financials, and heard that the library served as a cooling center for more than 50 people on July 3.
Board members on July 7 signaled they will seek follow-up from outside auditors after the completed audit raised concerns about internal controls. Ira Kaplan asked that auditors address the audit's reference to a "significant deficiency in internal control," and Mike Gutowski and others asked questions about surplus reconciliation and usage.
No auditors presented at the July 7 meeting; board members agreed it would be best to compile questions and have auditors address them at a future session. Josh Bailey said he wanted the auditors to present to the board; Ira emphasized attention to how surplus funds have been used.
The board also reviewed Munis financial reports presented by Chris. Chris said the legal budget will end the year with about $1,000 remaining. Ira and Josh discussed M&T bank balance requirements with Chris and asked about average balances.
Chris reported that the library opened as a cooling center on July 3 and received over 50 visitors; the Senior Center and ECC were also opened. Chris acknowledged Emergency Management Director Schuyler Sherwood and Library Director Lynn Zaffino for assisting with the cooling-center effort.
The board did not take formal action on audit items at this meeting but recorded intention to prepare questions for auditors and to review any identified internal-control issues at a future meeting.
