![]() ![]() Section 5: OPA Board Subject: Legum & Norman Proposal Msg# 1013004
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Tom,
Are you able to provide any info on publicly ln the nature of the issues you mention? For example, were these clerical errors or issues of fraud? Did the audits show funds missing? Did the transactions affect payroll or tax filings? Also, what were the size of the issues, and what % of the total budget was in error? In the last audited report for OPA, there was a AJE for over $65k for golf, which reflected in a major change in the posted loss for the year during the audit. That was one department alone. Human error in unavoidable, and no one is infallible. The % of accuracy, and how the errors are handled makes all the difference. Brett |
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For reference, the above message is a reply to a message where: I would be very interested to see the Parke’s budget and compare apples to apples with OPA to understand the cost impacts. That could be arranged. What would be more important in considering outsourcing financials, would be the report from our audit company (PKS) who discovered several bookkeeping mistakes such as booking expenses in the wrong general ledger account or against the wrong year. They are not infallible. |
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