COUNTY REDEVELOPMENT COMMISION DELAWARE COUNTY AUDIT RESULT AND COMMENT INTERNAL CONTROLS
Internal controls over the receipting, disbursing, recording, and accounting for the financial activities were insufficient for the redevelopment commission:
Trust statements for all trust accounts were not retained by either the auditor or the redevelopment commission therefore amounts reported to the auditor for inclusion in the financial statements did not include a $1,200,000 bond issue. There were no controls in place to ensure that information about debt issues or federal grants was properly reported to the auditor for inclusion in the financial statements and such information was subsequently not correctly reported.
Payments of $2,321,706.50 were made from the trust accounts by the trustee. The Redevelopment Commission did not approve these expenditures and received no documentation of the expenses. Governmental units should have internal controls in effect which provide reasonable assurance regarding the reliability of financial information and records, effectiveness and efficiency of operations, proper execution of management’s objectives, and compliance with laws and regulations. Among other things, segregation of duties, safeguarding controls over cash and all other assets and all forms of information processing are necessary for proper internal control. (Accounting and Uniform Compliance Guidelines Manual for Counties of Indiana, Chapter 1)
While elected officials consistently ridicule us, wage personal attacks and covertly accuse of wrong doing, one is simply looking at the financials and operations of local government. If we’re broke, then why are we broke. Where and how are the tax dollars collected and used? The 1st Amendment offers this to us, and certainly free speech is extended to elected officials. However, to publically accuse a person of “absconding” is well beyond freedom of speech and more likely a defamation of character. It says more about the originator of such tactics then the persons consistently attacked. Well, officials need to find someone to blame, Lord knows, the heat is on ’em.
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.