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Council given Liquid Fuels audit with two findings on internal controls and missing check imaging
Summary
The Borough's Liquid Fuels Audit (Jan 1, 2023–Dec 31, 2024) found inadequate internal control procedures for approval of Liquid Fuels reports and that canceled-check imaging did not include backs of checks; the full report will be available at the Borough Office.
President Michele Yamrick presented the Borough’s Liquid Fuels Audit covering Jan. 1, 2023–Dec. 31, 2024 and told council the full report would be available at the Borough Office.
Yamrick said auditors identified two findings: (1) "Inadequate Internal Control Procedures," noting Liquid Fuels financial reports and checks had not been formally approved by council even though they are presented monthly; and (2) electronic imaging of canceled checks from the bank did not include the backs of the checks, which the auditors flagged even though the Borough printed online copies and provided them. Council received the findings for review and will have the full audit on file at the Borough Office.
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