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.
I read with interest George Will’s current column on Detroit’s plight and couldn’t mistake the parallels to Delaware County. Although Delaware County’s financial problems are minuscule compared to Motor City, the resemblance is striking.
In March, Detroit’s City Council agreed to 21 stipulations needed for reform. The city council ignored it.
In June, Delaware County was handed a $25,000 study with suggestions to bring the budget in line with revenue streams. It has been largely ignored. One item in the study was acted on, a move towards additional taxes. Fortunately, that was shut down quickly.
Detroit is also in a pickle with their pensions. Delaware County has never really gotten a handle on the sheriff’s pensions.
Detroit has bonds, so does Delaware County. We owe. Will’s column touches on the cost of those bonds should Detroit’s creditors receive pennies on the dollar. It’s possible that future bond issuances may come to municipalities at a higher financial cost.
Detroit has layers of bureaucracy, so does Delaware County. Delaware County, has a population of 120,000 or the size of an average city. Last year voters soundly rejected an attempt to reorganize the county, decrease the layers of government. A campaign of misinformation by both party headquarters was amazing in and of itself. The current mayor donated $5,000.00 out of his campaign coffer to help defeat modernization. His position would have been eliminated. $5,000 from donors is a small price to pay to retain $72,000 salary plus benefits and control over millions of dollars.
Kevyn Orr, appointed to oversee Detroit’s bankruptcy observed “the fact that people had gotten used to the city like this — people were tolerating the abnormal.”
So goes, Delaware County.
I would like to believe the voters would refuse to allow the county to continue in this financial decay, yet every council member retained their positions. One exception, Commissioner Todd Donati was ousted from office, but quickly hired by the City of Muncie. Within months of his appointment, he has indebted the city close to $10 million dollars. When you vote, you’re are not just voting for the person. You are also giving the elected official the power to place people in positions to oversee millions of dollars in spending.
Is it like this everywhere? Possibly. Our neighboring county, Henry, advertises their appointments and interested parties must submit resumes. Take that procedure for what it’s worth.
Weekly Standard has a sense of humor. Joe Biden is on a fund raising campaign and for mere $5.00 you can stop the Republicans. Of course, most Republicans are scared of Paul and Cruz. Sure.
This reminds me of when a staunch Democrat said the previous mayor told him she wished I would stop making political commentary. Yea, right, buck-o. I’m sure she or any conservative would confide in him…
From local to national it’s all the same. Can they please come up with something original?
I love this quote:
“The greatest rationale to become a Leftie is immunity from the rules they impose on the rest of us. The sanctioning of the double standards and hypocrisy. ” Andrew Breitbart