Ligonier Township ends 2013 in the black
Ligonier Township finished 2013 with about $9,000 in revenues over expenses, according to an audit completed by Wessel & Co. of Johnstown.
“All in all, you were able to spend less than you took in, which is always a good thing,” said Michael V. Lamb of Wessel & Co. “You have funds to carry into 2014 to get through operations.”
Last year, the township commissioned an independent financial audit.
On Tuesday, Lamb and Stephanie A. Stohon presented a summary of the audit at the supervisors' meeting. The township's cash balance at the end of the year was about $945,000, with about $131,000 in restricted funds for items such as the liquid fuels account and the K9 fund.
Stohon said they did not have any significant difficulties during the audit, but the township has room for improvement in its internal control processes and financial statement preparation.
Stohon's suggestions for improvement included updating the township investment policy, personnel files and the employee handbook. The handbook was last updated in 2006, she said.
Stohon and Lamb specialize in government auditing.
Secretary Bruce Robinson said this year's audit was more thorough than in previous years.
“This was kind of a new thing for the township,” Lamb said. “I think it's good. It provides some transparency and accountability to the citizens.”
The supervisors voted unanimously to approve the audit, as well as its state Department of Community and Economic Development report for 2013.
During supervisors' comments, Supervisor Scott Matson said he was pleased with the audit.
“Looks like we're moving forward,” he said.
The supervisors' next meeting will be held 7 p.m. July 8.