⚠️ Translation Notice: This content has been automatically translated. The original English text is the official version. Translation may contain errors.
⚠️ Este contenido ha sido traducido automáticamente. El texto original en inglés es la versión oficial. La traducción puede contener errores.
Findings and Recommendations 5 findings
F1
Under current code there is no specific guidance addressing responsibilities for the auditing of LAFCO.
Related Recommendations (1)
R1
The Commissioners coordinate with the Riverside County Auditor-Controller to establish procedures for annual/biennial audits with a determination of who initiates these audits.
F2
The Riverside County LAFCO has not been financially audited for 12 years.
Related Recommendations (1)
R2
A financial audit of Riverside County LAFCO be performed immediately.
F3
The Commissioners have not provided sufficient oversight on financial matters; however, there is no indication of misuse of funds.
Related Recommendations (1)
R3
The Commissioners become more involved in the financial process of LAFCO.
F4
Payment vouchers require only one individual’s signature regardless of amount.
Related Recommendations (1)
R4
The Commissioners establish a dual signature requirement, with at least one alternate signer, for vouchers over a specified amount to be determined by the Commission.
F5
There are no written policies or procedures relating to the operations of LAFCO, as required by California Government Code Section 56300. This code states that the intent of the legislature was for this to be accomplished not later than January 1, 2002.
Related Recommendations (1)
R5
Establish a policies and procedures manual, as required by code, with specific written policies, including procedures for proper control of financial issues. 2