18 control and compliance findings.
Here is what they mean.

The prior audited fixed-asset balance was materially misstated, and delayed records reduced assurance that assets were accurately recorded and safeguarded.

Enforce disposal and transfer policies and update the fixed-asset inventory perpetually so property is accurately recorded and safeguarded.

Late reconciliations delayed detection and correction of one-sided transfers and other payment, transfer, and deposit errors and could delay detection of a misappropriation.

Reconcile every bank account monthly within a reasonable period after month end, such as 30 days.

Grant balances and disbursements could not be validated or traced; the same issue caused qualified compliance opinions for the four HUD programs.

Adopt monthly procedures that reconcile the four HUD programs to accounting records, subsidiary ledgers, and grantor reports.

The City may have to budget for unrecovered overpayments, funded $1.9 million of penalties after year end, and must fund the reserve shortfalls in the next budget.

Recover overpayments, strengthen review of tax and withholding remittances, fund the reserve overexpenditures, and implement a formal Payroll Clearing closing process.

Old unfunded deferred charges remained on the City's books and required future financing.

Fund unfunded deferred charges to future taxation that are more than five years old.

Former employees retained apparent authority over City bank accounts.

Update authorized-signatory records at every financial institution holding City deposits.

The amount due to the Current Fund reduced fund balance until collected in cash.

Transfer interfund balances before year end where possible and exercise greater care over transfers to avoid unnecessary balances.

Posting and closing weaknesses allowed spending beyond available reserves or appropriations and shifted funding needs to later budgets.

Implement a formal closing process that regularly reviews cash, budgets, and reserves, corrects posting errors, identifies overpayments, and prevents overexpenditures.

Department revenue could be duplicated, misclassified, or unsupported.

Identify the payment source on every receipt batch and strengthen controls preventing duplicate department-revenue entries.

A required quarterly State payment was delinquent.

Pay quarterly DCA fees to the State on time.

The restricted fund included money not authorized by referendum for deposit there.

Deposit only annual tax-levy proceeds into the Municipal Open Space, Recreation, Farmland, and Historic Preservation Trust Fund.

The City could not demonstrate eligibility for the sampled deductions.

Retain original Senior Citizen and Veteran applications for audit review.

The City still lacked current evidence that affected properties qualified for exemption.

Obtain required further statements, follow up on nonfilers, and determine whether each property should remain exempt.

The reported employee-leave liability could not be audited or validated.

Maintain and provide detailed support for the compensated-absence obligation.

The City had less surety protection than required or recommended for two key financial officers.

Review surety bonds regularly, meet statutory minimums, and consider increasing coverage to recommended levels.

The Court could not demonstrate proper approval for more than half of the sampled ticket voids.

Ensure that every voided ticket has properly documented approvals.

Unresolved and stale cases delayed disposition and remained in the Automated Traffic System.

Review the tickets, determine their disposition, and remove resolved items from the Automated Traffic System.

The Court could not demonstrate proper approval and documentation for the sampled payment arrangements.

Keep proper documentation for every time-payment ticket and formalize the approval process.