Board of Audit Meeting, approximately 8:30 pm
February 11, 2020
Board of Audit Meeting after the Township Board Meeting
Call to Order
Attendance: Town officers, guests
Review Clerk/Treasurer's Reports
- Summary of Receipts received from January to December 2019
- Review Treasurer and Clerk's Disbursements Ledger (compare Fund/Account/Object Codes) - board members select 3+ disbursements to review and check
- Review Treasurer and Clerk's Receipts Ledgers (compare Fund/Account) - do direct deposit have triplicate receipts, verify that deposits are noted on the appropriate bank statement, board members select and review 3+ receipts
- Review Bank Statements to check that Cash Control Statement demonstrates same balance as the Bank Statement
- Verify that Clerk and Treasurer are balancing and reconciling bank statements (have the same balance), and Schedule 1 matches for both Treasurer and Clerk
Adjourn
Pequaywan Fire Hall
8764 Pequaywan Lake Road
Duluth, MN