Township Council Meeting — Packet

Department: Office of the Comptroller Respondent: John Ditinyak, Director of Finance Responsible Employee(s): John Ditinyak, Director of Finance; Melanie Chavez, Assistant Comptroller Finding Number: 2023-1 (Page 160) 1. Condition: An examination of several bank reconciliations as of December 31, 2023 revealed that there are numerous deposits -in-transit that have not been identified and received by the Finance Department. The current Chief Financial Officer is investigating this issue and appropriate action will be taken on his findings. 2. Auditor’s Recommendation: That all bank reconciling items be reviewed and appropriate action be taken based on those findings. 3. Township Response & Corrective Action: The Finance Department has reviewed all of the deposits-in-transit and cleared them. Going forward, deposits-in-transit should clear the bank no later than the 10th of the succeeding month. If the deposits do not clear the bank by the 10th of the succeeding month, the book transaction must be reclassed accordingly. 4. Implementation Date: Implemented effective CY 2025