Audit finds problems in town of Amsterdam
The town of Amsterdam has some problems with its bookkeeping, according to the Office of the State Comptroller.
The office recently sent accountants to Amsterdam to conduct a municipal audit, finding financial discrepancies and flawed records but no missing or suspicious funds.
A copy of the audit is available below.
“We’re working with the Comptroller’s Office and a software company,” said Amsterdam Town Supervisor Tom DiMezza. “We’ll have this squared away very soon.”
According to the audit report, “[DiMezza] does not maintain timely or accurate accounting records for the town,” which led to a number of problems.
The town manages its roughly $3.7 million budget through 12 bank accounts, which the report said should be managed and balanced separately.
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