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