July 13, 2024

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Point out audit: Van Wert Co. ‘mishandled’ money in 2019

2 min read
Point out audit: Van Wert Co. ‘mishandled’ money in 2019
Point out audit: Van Wert Co. ‘mishandled’ money in 2019

VAN WERT — Van Wert County’s financial accounts are about $3,300 short, in accordance to Ohio Auditor of Condition Keith Faber.

Faber’s business office produced Ohio’s 2019 audit of Van Wert County Thursday, and the report notes numerous accounting challenges “where the deficiency of inside controls led to mishandling of community funds.”

The report’s timeline aligns with the time period served by previous Van Wert County Treasurer Nathan Vandenbroek, who resigned at the commencing of 2020. At the time, Van Wert Commissioners pointed to mismanagement difficulties as the causes for Vandenbroek’s resignation.

Relatedly, the auditor’s report issued a finding of recovery for $749 towards Vandenbroek.

In accordance to the auditor’s office environment, condition auditors had been not able to decide if a money scarcity existed in the county’s vault and/or hard cash drawers due to the numerous deficiency of controls on the cash and issued the locating accordingly.

Likewise, the office environment also issued a obtaining for restoration against Kim Saylor, a previous personnel of Van Wert County. “Due to lack of monitoring treatments in put,” Saylor gained $17,080 as a retirement payment immediately after serving 32 years on the job. Calculations just after the reality clearly show that she really should have acquired $2,500 much less than what was compensated by the county, and now, she’ll have to pay it back again.

A significantly less substantial getting for restoration observed by the auditor’s office environment dealt with $200 that had been unaccounted by the county’s method again in 2018. This past month, Van Wert County’s former treasurer Beverly Fuerst compensated it again.

Outside the house of the conclusions for recovery, the auditor’s business also “included a discovering for noncompliance of failing to file an annual monetary report using usually recognized accounting ideas and a locating for noncompliance and materials weak spot in regards to financial institution reconciliations and in regards to authentic estate assets tax collection procedures.”

More exclusively, bank balances and money fund balances involving the county treasurer’s and county auditor’s office environment failed to reconcile on multiple occasions. As for tax collection processes, each individual solitary just one of the 38 actual estate property tax transactions examined by the state unsuccessful at just one or numerous processing controls.

“During actual estate property tax manage screening, various goods had been not offered for evaluate which integrated signed Type 6’s, authentic estate tax stubs, Genuine Estate Terminal Edit studies and deposit slips,” the report notes.

Van Wert County has given that established a correction action strategy with the state’s auditor place of work, which features getting rid of the amount of money of income handled by the county treasurer’s place of work, switching its reporting procedures and owning the county’s treasurer and auditor function far more closely with just about every other in the potential.

Nathan Vandenbroek

Attain Josh Ellerbrock at 567-242-0398.

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