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Parma council accepts FY2024–25 audit despite three internal-control findings
Summary
The Parma City Council unanimously accepted the FY2024–25 audit on July 14, 2025; auditor Jordon Zwygart reported a roughly $82,000 increase in the general fund but flagged three findings including late bank reconciliations, missing timecards, and lack of documented invoice approvals.
The Parma City Council on July 14 accepted the FY2024–25 audit after a presentation by auditor Jordon Zwygart. Zwygart told the council the general fund increased by about $82,000 for the fiscal year while the recreation fund returned a negative balance.
Zwygart outlined three formal findings: 2025-001, a material weakness citing late bank reconciliations; 2025-002, inadequate retention of employee timecards for multiple payroll periods; and 2025-003, lack of evidence of management approval for expenditures. The auditor recommended monthly bank-reconciliation reports be provided to the council and that management document approvals on invoices by signature, initials, or an electronic approval record.
Council President Joe Giardelli moved to approve the audit; Council member Ransey Portenier seconded the motion and a roll-call vote recorded all members as voting aye. The council did not attach conditions beyond the auditor’s recommendations; implementation steps were left to city management and staff.
The audit packet shared with the council included balance-sheet detail, cash position, and a schedule of long-term obligations (listed items included a John Deere backhoe lease, a water bond and a sewer bond). The council will monitor whether management provides the recommended monthly reconciliation reports and improved payroll-document retention ahead of subsequent audits.
