Answer: The City failed to separate duties for handling cash receipts, which increases the risk of errors or fraud.
Trend: This issue is consistent with previous findings, indicating ongoing weaknesses in financial controls.
List: Immediate action is needed to implement proper segregation of duties and ensure compliance with federal program requirements.
Finding Text
Segregation of Duties - The City did not properly segregate collection, deposit and record-keeping for receipts, including those related to federal programs. See item 2024-001.
Corrective Action Plan
We will continue to review our procedures and implement controls when possible.