October 28, 2021

New York: “Brighton Memorial Library Board Criticized in Audit”

The Brighton Memorial Library is located in Rochester, New York.

From The Democrat & Chronicle:

The Brighton Memorial Library Board of Trustees failed to properly audit vendor claims, had no written policies to ensure private donations were spent according to donor wishes and kept some of its money in improper investments at unauthorized financial institutions, the state Comptroller’s Office found.

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No funds appeared to be missing or misspent, but auditors noted that the board’s failure to review the records increased the risk of loss on investments, including principal, and that without review, errors, fraud and abuse could occur undetected.

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In a response letter, Board President Linda Rapkin said the board began implementing the recommendations even prior to the release of the audit report.

However, she said, the board disagrees with any statements that suggest unsatisfactory financial management and was disappointed that auditors did not favorably note strong financial controls at the library and town levels.

Read the Complete Article

Direct to Key Findings/Recommendations

Direct to Full Text Audit Report (via Office of the NY State Comptroller; 13 pages, PDF)

About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.

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