Minor issues found in other area audits

Three local taxing units were cited in reports recently released following audits by the Indiana State Board of Accounts.
Dunkirk Public Library, town of Salamonia and town of Bryant had notices listed in their audit reports for practices not meeting accounting standards set down by the state.
Dunkirk Public Library had two notices — one for penalties, interest and other charges and one for failing to properly meet compliance requirements.
The report states that “penalties were paid for exceeding the credit limits” including “penalties totaling $34 and $106” and also that “the Director paid $68 toward 2009 fees resulting in the library paying $68 in credit limit fees.” The state requires officials and employees to pay claims and remit taxes in a timely fashion and penalties incurred may become the financial responsibility of the responsible employee.
In the second citation the report states: “the Library did not comply with directives of the Internal Revenue Service by not including payments made to the director to purchase insurance as taxable income on her W-2.” Political subdivisions are charged with complying with all IRS  and Indiana Department of Revenue rules.
The Town of Salamonia also had two citations regarding contracts and deposits.
According to the report, the town made payments of $1,300 in 2008 and $1,050 in 2009 for mowing services without a contract.
Also, 20 of 61 tax disbursements received from Jay County were not deposited within a week of receipt.
The Town of Bryant had one notice stating that the town has not updated its capital asset records for several years.[[In-content Ad]]