The town of Ignacio’s 2019 audit revealed both budgetary strengths and financial mishaps – errors town staff members vowed won’t happen again.
The town ended 2019 with a strong financial position, with growth in its overall budget and debt-free for the first time in 25 years, town staff members said. A period of employee turnover, however, raised questions about its financial checks-and-balances systems, called internal controls. Staff members had to fix multiple errors, including $83,000 of utility bills left temporarily unrecorded, according to a 2019 audit report by Hinton Burdick.
“We have the staff in place, and we have the systems in place. I would be surprised if those things showed up again,” said Tuggy Dunton, town clerk.
Hinton Burdick, which presented the report this week during a town board meeting, asked town staff members to correct some figures for accrued payroll, accounts payable, capital assets and a beginning fund