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Frankfort town officials discuss how they plan to move forward following recent audit

The Town of Frankfort held a special meeting Tuesday evening to discuss the town's audit.

Posted: Jul 10, 2018 10:25 PM
Updated: Jul 10, 2018 11:19 PM

FRANKFORT -- The Town of Frankfort held a special meeting Tuesday evening to discuss the town's audit.

Board members discussed how they plan to move forward, following an audit that led to the resignation of the previous town supervisor.

Based off of a recent audit, the town board has to develop an action plan in compliance with the state's reccomendations. At the town meeting they discussed some key points that they have to address.

The board wants to look at things they can improve on such as record keeping. Some major findings through the audit were that the board needs to have more control over the town's finances when it comes to overseeing the supervisor's plans, regarding finances.

Supervisor Glenn Asnoe says it's important to make sure that financial reports are being done, which weren't being done before.

Some changes include having outside help in maintaining the town's finances.

"We have an accounting firm that's an outside outside accounting firm that's handling it," Asnoe said. "We have an outside payroll firm that's doing our payroll, we have a part-time budget officer now, and we purchased computer software program specifically designed for municipal accounting that we're in the process of getting up and running so with all those steps being taken, we should be pretty much in compliance with what the controllers office wants from the town."

Asnoe says they have many boxes of financial records that they've been going through. Those financial records span over the four years that the records weren't properly maintained.

The board needs the records to update annual documents for the New York State Comptroller's office.

Asnoe says the financial records are now beng maintained.

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