Advertisement
 
Thursday, September 18, 2014
Amsterdam, NY ,
Advertisement

Common Council discusses city's accounts

Tuesday, September 03, 2013 - Updated: 11:28 PM

By ALISSA SCOTT

alissa.scott@recordernews.com

The Common Council met tonight and continued discussions of the late filing of the annual update document. 

Dave Dybas, 4th Ward alderman, raised a resolution that requests the council secure the services of a qualified accounting firm to help resolve the accounting issues.

"On October 5, 2012 the City of Amsterdam was notified by letter to the City Controller from the State of New York Office of the State Comptroller, signed by Jeffrey P. Leonard, CPA Chief Examiner, stating 'I want to let you know that we conduct 'performance audits’, we do not conduct ‘financial audits’ as you reference in your request," the resolution states. "As such you should understand our audit will not result in us adjusting or correcting the City’s account balances. ... Furthermore, if neither you nor the current staff of your office has the capabilities to resolve the accounting issues you mention, you may want to consider contracting with an accounting firm for the services to assist you in addressing the accounting issues and/or possibly hiring an employee with the qualifications to correct and maintain the City’s accounting records.”

The city has fallen behind on making deadline for its annual update document, now almost a year past due. A recent state-led performance audit identified several problems within the city’s accounts.

The accounting firm would help to file a proved audited AUD reporting documents for the fiscal years 2011-2012, 2012-2013 and 2013-2014.

However, the council, of whom two members were absent, voted to table the resolution until more information -- like how much it would cost the city -- was presented.

Read more in tomorrow's edition of The Recorder.

     

Comments made about this article - 0 Total

Comment on this article

Advertisement
The Recorder Sports Schedule

 

The Recorder Newscast

Most Popular

    Now open, the 9/11 museum seeing influx of new artifacts
    Thursday, September 11, 2014

    Nurses union drops its plan for St. Mary's
    Thursday, September 11, 2014

    B-P boys soccer registers shutout
    Friday, September 12, 2014

    Benefit set for former Fonda-Fultonville standout Comeau
    Thursday, September 11, 2014

    2015 almanac predicting a bitter winter
    Saturday, September 13, 2014

    State campgrounds were cookin' this season
    Saturday, September 13, 2014

    Muni to host special guest
    Friday, September 12, 2014

    Man sentenced for welfare fraud
    Saturday, September 13, 2014

    Hart breaks school rushing record in Braves' romp
    Saturday, September 13, 2014

    Patriots charge past GF, 30-7
    Saturday, September 13, 2014

Advertisement

Copyright © Port Jackson Media, LLC.

Privacy Policies: Recorder

Contact Us

Twitter

Instagram

Facebook