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New Berlin treasurer warns of $271,000 gap; audit search hampered by flawed prior audit
Summary
Treasurer Casey Binkley told the board the village needs $271,000 in cuts to balance the budget, that the most recent fiscal year closed with a $468,000 deficit and that auditors are reluctant to take the village because of prior audit problems.
Treasurer Casey Binkley told the Village of New Berlin board that monthly reconciliations have been completed from April onward but that the village is struggling to find a new audit firm. She said staff training on the Locis accounting system was incorrect and the Locis trainer is unavailable until July 29. Binkley told the board, "There needs to be $271,000 cut to balance the budget," and said the most recent fiscal year closed with a $468,000 deficit; the Motor Fuel Tax (MFT) fund remains in deficit.
Binkley said two audit firms recently declined to take the village because of flaws in the most recent audit, and she asked board members for feedback on a distributed June budget proposal. The minutes record the budget gap and the request for member feedback but do not specify which line items the board discussed cutting; direction for specific cuts was "not specified." The finance report indicates the village will need follow-up work to identify and approve specific reductions.
