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2008 ~ ~" .' &9 ~~ ~~ ~ .."~ ~/ , ,~' ~c, 'S ~~ ~ " HUGHSONVILLE FIRE DISTRICT HUGHSONVILLE, NEW YORK FINDINGS AND RECOMMENDATIONS FOR THE YEAR ENDED DECEMBER 31.2008 HUGHSONVILLE FIRE DISTRICT HUGHSONVILLE, NEW YORK TABLE OF CONTENTS FOR THE YEAR ENDED DECEMBER 31.2008 PAGE(S) DESCRIPTION Independent Auditors I Report.............................. ............................................................................1 Schedule of Findings and Recommendations .................... ............................. ...... ............ ........... 2-4 ~~ SEDORE HUDSON VALLEY ePAs Partners Jumes L Sedore, ,Ii, CPA Murll S. O'Sllll/uUII, CPA James F Leller/u, ,Ii , CPA Lilldo M HUIIII/gulI, CPA Kurell T HUllsell, CPA .ferlrev L. BroWII, CPA ClwrJes N. Ruc, .II', CPA Navigating YcJUr Success To the Members of the Board of Fire Commissioners Hughsonville Fire District Hughsonville, New York In planning and performing our audit of the financial statements of the Hughsonville Fire District, Hughsonville, N ew York for the year ended December 31, 2008, we considered its internal control structure in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and not to provide assurance on internal control. Accordingly, we do not express an opinion on the effectiveness of the District's internal control. However, we noted matters involving internal control and its operation that we consider to be a significant deficiency under standards established by the American Institute of Certified Public Accountants. Significant deficiencies involve matters coming to our attention relating to the design or operation of internal control that, in our judgment, could adversely affect the Organization's ability to initiate, record, process, summarize, and report financial data consistent with the assertions of management in the financial statements. The significant deficiency is summarized in Section 1. During our audit we became aware of matters that are opportunities for strengthening internal controls and operating efficiency. Although most of these comments were cited in last year's report and we note that the District had limited time to implement our recommendations, we wish to continue to bring them to the District's attention. The schedule that accompanies this letter summarizes our findings and recommendations regarding those matters. We will review the status of these comments during our next engagement. We have previously discussed many of these comments and suggestions with District personnel, and we will be pleased to discuss them in further detail, at your convenience, and to . perform any additional study of these matters, or to assist you in implementing the recommendations. This report is intended solely for the information and use of the Board of Directors, management, and staff, and is not intended to be and should not be used by anyone other than these specified parties. ~~ '1- Ccny7' C/;1. S Poughkeepsie, New York July 25, 2009 Poughkeepsie Office 2678 South Road I Suite 101 I Poughkeepsie, New York 12601 Tel: (845) 485-5510 I Fax: (845) 485-5547 I Email: inlo@sedoreco.com I Web: www.sedoreco.com POUGHKEEPSIE. PORT JERVIS. FISHKILL 1 HUGHSONVILLE FIRE DISTRICT HUGHSONVILLE, NEW YORK SCHEDULE OF FINDINGS AND RECOMMENDATIONS FOR THE YEAR ENDED DECEMBER 31. 2008 SECTION I - SIGNIFICANT DEFICIENCY: Findinl!: 1- Fixed Assets: The District has not taken a recent physical inventory which is then related to its accounting records. Effect: The District's ability to monitor the existence and location of its assets is limited. Cause: The District does not maintain a detailed list of its fixed assets. Inventory listings do not include cost and are not related to its accounting records. Recommendation: The District should maintain an asset listing of all capital assets which contains the following information: date of acquisition, cost basis, estimated useful life, depreciation expense, and accumulated depreciation to date. In addition, the District should perform a periodic physical inventory of all of its capital assets. SECTION 11- OTHER FINDINGS: The following represents other matters, which we are bringing to the attention of Management. Findinl!: 2 - Cash Disbursements A) Findinl!:: During our test of cash disbursements, we noted that some of our selections required written quotes or bid documentation, however written documentation was not always available. Cause: Bid documentation was not always retained. In our sample of 25 transactions, five purchases required obtaining quotes or bids, however documentation supporting the quotes or bids was not available. 2 HUGHSONVILLE FIRE DISTRICT HUGHSONVILLE, NEW YORK SCHEDULE OF FINDINGS AND RECOMMENDATIONS (CONT'D.) FOR THE YEAR ENDED DECEMBER 31. 2008 Effect: The District is not able to document that it followed its purchasing policy and paid the appropriate amounts. Recommendation: The District should document obtaining quotes, including noting firms and individuals contacted, the date and amount quoted. B) Findill!~:: Five of the 25 selections did not have purchase orders included with the supporting documentation. Cause: The District was not using purchase orders consistently. Effect: The Hughsonville Fire District procurement policy mandates that a purchase order must be filled out and given to the Treasurer for any purchase made for the Fire District. Neglecting to fill out a purchase order directly violates the Fire District's procurement policy and also leaves open a window of opportunity for misappropriation of assets. Recommendation: The Fire District should ensure that all invoices have a purchase order attached with the proper authorization in order to facilitate compliance with the procurement policy and to create better oversight of the Fire District's purchases. Findin2 3 - Interfund Transfers During our audit, we noted that there were transfers recorded between the General Fund and Capital Reserves, however cash was not moved. Effect: The District has authorized transfers for which cash was not available to cover the movement of cash until the following year. The recording of these transfers has created a deficit fund balance amounting to ($55,882) as of December 31,2008. 3 HUGHSONVILLE FIRE DISTRICT HUGHSONVILLE, NEW YORK SCHEDULE OF FINDINGS AND RECOMMENDATIONS (CONT'D.) FOR THE YEAR ENDED DECEMBER 31.2008 Cause: The General Fund did not have sufficient revenues to cover the transfers. Recommendation: The District should only authorize transfers when the funds are available to be moved to the appropriate bank accounts. Findine: 4 - Accounts Payable During our audit, we noted that there were no Accounts Payable and subsequently recorded $35,512 in outstanding liabilities. Effect: The District's General Fund expenditures were understated and ending fund balance overstated. Cause: Certain invoices paid in January for liabilities incurred in December were considered encumbrances but not accounts payable, and therefore not reflected in the District's 2008 expenditures. Recommendation: The District should record all invoices for goods and services received in the current year but paid for in the future year as accounts payable. Encumbrances should reflect only those goods or services ordered but not received current year. 4 ~SONlt/((<<, ~-0~."'""'~"'''''' .. J . \)U1Cf\l.~~;~':' C:\'l NfX:'1'C1R\, 1f U{Jlisonvi[[e pire C])istrict P.O. C}3ox..545 - rTown ofrWappinger J{ugfisonvi{(e, :New r{ork)2537 - ~.HFD45.0m ~\fetts St[0I14 1~'ednu,{t1y Q/ wfi ~"ontJi 'lef: (845) 297-4194 'Fax; (845) 297-4560 ~rd of Fire CommissioneIli Ronald P. Andrews - Chairman Joseph DiPressi - Deputy Chairman. Mark Liebermann - Robert Scott BostwiCk Jason Morse Sr. Glenn M. Kramer - Chief of Department Bruce M. Flower - 1" Assistant Chief Timothy N. Laffin - 2nd Assistant Chief September 22, 2009 Re: District response to Year Ended December 31 , 2008 Audit Section I Finding: 1 _ Fixed Assets . . d' f The IJistrict has not taken a recent physical inventory wluch IS then relate to ItS accOUll mg records. District ResDonse . The flfematic officers do an annual inventnry of all the equIpment on the flfe apparatus and have that inventory in their records. A procedure to have the inventory un file with the District Secretary will be pursued. Section II Finding: 2A - Cash Disbursements During our test of cash disbursements, we noted that some of the selections required written quotes or bid documentation, however written documentation was not always available. District ResDonse The district has instituted a worksheet to document when bids and quotes (either written or verbal) are needed. This worksheet was approved late in the year. Finding: 2A - Cash Disbursements Five of the 25 selections did not have purchase orders included with the supporting documentation. District ReSDonse According to the District's policy not all Payment Vouchers require a purchase order. We will review the Vouchers that were flagged and institute new procedures. .. Findine 3 - Interfund Transfers During our audit, we noted that there were transfers recorded between the General Fund and Capital Reserves, however cash was not moved. District Response Transfers are recorded after they funds have been moved from the General Fund to the Reserve Funds. I will be consulting with the auditors to understand the reason for their finding. Findine 4 - Accounts Payable During our audit, we noted that there were no Accounts Payable and subsequently recorded $35,512 in outstanding liabilities. District Response All the encumbered funds were for orders that had been placed in 2008 but had not been received by the end of the year. The method that the district accounts for the encumbered funds will be reviewed and modified to be better reflect standard accounting practices. Respectfully submitted, ~ ~~-;;f Michael Schappert Treasurer Hughsonville Fire District