Finding Text
Due to a small staff size, the City does not have complete segregation of duties. The ideal internal control system would not allow one perosn to perform a transaction from beginning to end. An error in financial reporting may not be detected in a timely manner or the misappropriation of assets could be concealed. We recommend that the Council and management continue to use supervisory reviews such as monitoring financial statements and budget reports, and segregate duties where costs beneficial to do so. The City will continue to use supervisory reviews such as monitoring financial statements and budget reports, and where cost beneficial will segregate duties.