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Ogdensburg council certifies 2019 audit; finance finding tied to small staff
Summary
The Ogdensburg Borough Council voted Aug. 10 to adopt Resolution 66-2020 certifying review of the 2019 Annual Audit; the CFO said the only recurring recommendation was inadequate segregation of duties due to the borough’s small staff, while overall finances were described as stable.
The Ogdensburg Borough Council on Aug. 10 adopted Resolution 66-2020 certifying that members reviewed the borough’s 2019 Annual Report of Audit, as required under N.J.A.C. 5:30-6.5. Councilman Nardini moved the resolution and Councilwoman Slater seconded; the roll call recorded votes in favor by Cruz, Nardini, Nasisi and Slater, with Alvarez and O’Dell absent.
CFO Mike Marceau said the audit produced a "clean bill of health" aside from a recurring recommendation on segregation of duties, which he said is difficult to resolve given the borough’s small staff. "We have one recommendation which is the same one as last year — adequate segregation of duties which we will never get rid of because we are too small," Marceau said, adding that cash is stable and collections so far this year are doing well.
The council’s resolution cites the legal requirements for municipal audits, including N.J.S.A. 40A:5-4 and the Local Finance Board regulation N.J.A.C. 5:30-6.5, and includes the affidavit of review the board must file within 45 days of receiving the audit. The resolution notes the potential penalties in R.S. 52:27BB-52 for failure to comply with Local Finance Board orders.
The adoption of the certification completes the procedural step required by state regulations that the governing body familiarize itself with the audit comments and recommendations; no additional formal action was recorded at the meeting to implement the auditor’s recommendation on segregation of duties.
The council scheduled regular follow-up as part of its oversight of municipal finances; no budget transfers or new corrective measures were adopted during the Aug. 10 meeting.
