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10/15-23/1986 Audit MONROE COUNTY, FLORIDA REVIEW OF CERTAIN INTERNAL CONTROLS - BUILDING AND ZONING OFFICES OCTOBER 15 - 23, 1986 Kemp b Rosasco Certified Public Accountants CONTENTS P Review of Operations and Control Procedures Relative to Cash Receipts 1 - 3 Schedule of Undeposited Receipts - Plantation Key 4 - 10 KEMP F-4 IRDSASCO Certified Public Accountants )*na KENmsoY DR. *12 LUxm| PLAZA e p. C`. BOX 1529 KEY VvESv' FL 33041'1529 ORV|Sm. mEmp' [p.x. (305) 294'2581 /mE/mgER OF /wmER|Cnm |m$TnUvE VvM. C`. mExxP, C.P.A. AND FLORIDA INSTITUTE OF PETER L. POSASCo. J,, C.p.A. [EonF|Eo PUBLIC ACCOUNTANTS xxARvx E. GRsEw' C.p.x. November 10, 1980 Mr~ Danny Ko| hagm Clerk of the Court ^ Monroe County Key West, FL 33040 We have reviewed the description of the operations and control procedures of the Monroe County Building and Zoning offices related to the receipt and depo- sit of cosh and, identified specific control objectives and the procedures that achieve those objectives. Our review, covering the period from October 15 through October 23° 1986° included such tests as we considered necessary to evo|uofo whether the procedures described in this letter and the extent of compliance with them are sufficient to provide reasonable, but not absolute, assurance that the control objectives specified therein were achieved. We reviewed compliance only in respect to the receipt and deposit of cash. Accordingly, we do not express on opinion on whether all internal controls were being applied as prescribed for any period of time or,- on whether the system, taken as a whole, meets the objectives of lnforno| accounting control. Because of inherent limitations in any system of internal accounting control , errors or irregularities may occur and not be detected. Also, projection of any evaluation of the system to future periods is subject to the risk that procedures may become Inadequate because of changes in conditions, or that the degree of mcmp | lonoe with the procedures may deteriorate. In our opinion, the control procedures of Monroe County Building and Zoning offices as described in the following pages and the degree of compliance with them were sufficient to provide reasonable but not absolute assurance that the control objectives specified therein were achieved from October 17 to October 25, 1980. Comments on Prior Procedures It appears that procedures relative to the receipt and deposit of cash were inadequate to property safeguard the County's assets from theft at Plantation Key. Such procedures should have been upgraded as the volume of permits Issued increased. Daily deposits and corresponding daily accounting summaries were not prepared. The practice was to hold the r000!pfs until the cashiers could balance the bank deposits. Until the error was found, the money was held in the vault with the supporting documents. As the volume of permits issued increased., it became more difficult to balance the deposit. At the time of the robbery, two weeks' receipts were in the vault. In addition, pro- cedures had deteriorated relative to access to the vault and the cash box. To some degree, all three of the offices did not make daily deposits. The Mr. Danny Kol hage Clerk of the Court Page 2 Comments on Prior Procedures (Cont. ) Marathon and Key West office made deposits at least weekly if there was little activity. All three offices have represented to us that all receipts were deposited before the end of the month and that any unusually large cash receipts were deposited promptly. Current Procedures All application fees collected are documented on a prenumbered receipt form, one copy retained by the office and one copy by the applicant. Permits are also prenumbered, and are on a multiple copy form. The offices indicate on the individual permit form whether it was paid by check or cash. Any voided permits are sent to the Key West accounting office. The cash box is kept in a locked desk drawer, access to which is restricted to the cashier and office manager. Deposits are prepared daily by the cashier, who also prepares a daily summary sheet. The daily summary sheet documents the permit numbers and receipt numbers issued that day and sorts the receipts by accounting code. The offices may only deposit Into the bank accounts, they have no means of writing checks. At the end of the month, the daily summaries are totaled on a "monthly summary" form which is sent to the Key West accounting office. Each office maintains a file of daily summaries, bank validated deposit tickets, deposit slips and county receipt forms relative to its cash receipts. The current procedures appear to provide good accounting controls relative to the receipt of cash. The major strength of these procedures is that they require the daily deposit of all cash received. Recommendatlons Regardinq Current Procedures We believe the current procedures would be enhanced by a clear cut policy as to the accounting for cash short and over. It is our understanding that the cashiers are held responsible for shortages. This places inappropriate pressure on them to balance. It has been our experience that this policy leads to a "fund" in which overages are used to pay for shortages. Deposits should be deposited daily, a reasonable search for any differences should be made and the amount short or over should be accounted for appropriately. The short or over account should be monitored to evaluate the cashiers perfor- mance. In addition, the County should consider changing the locks and vault com- binations when employees with access to cash leave County service. Conclusion Based on our visits to the Building and Zoning departments in Key West, Marathon and Planation Key, the procedures concerning the collection of appli- cation and permit fees and the deposit thereof appear to be consistent between the three offices. -2- Mr. Danny Kolhage Clerk of the Court Page 3 Cons I us ion (Cont. ) The new procedures requiring daily deposits supported by a daily summary sheet should provide an effective means of insuring effective controls in this area. We believe that the controls would be further strengthened if our recommen- dations are implemented. We are pleased to have this opportunity to serve you. Please do not hesitate to call if you have any questions. Sincerely, ewf kov�� Kemp & Rosasco Certified Public Accountants -3- KEMP !�& ROSASCO Certified Public Accountants 1438 KENNEDY DR. #12 LUANI PLAZA • P. 0. BOX 1529 KEY WEST, FL 33041-1529 ORVIS M. KEMP, C.P.A. (305) 294-2581 MEMBER OF AMERICAN INSTITUTE WM. 0. KEMP, C.P.A. AND FLORIDA INSTITUTE OF PETER L. ROSASCO, Jr., C.P.A. CERTIFIED PUBLIC ACCOUNTANTS MARVA E. GREEN, C.P.A. Mr. Danny Kolhage Clerk of the Court Monroe County Key West, FL 33040 We have examined the accompanying Schedules of Undeposited Receipts relative to the period September 3, 1986 through September 12, 1986 as of October 31 , 1986. Our examinations were made in accordance with generally accepted auditing standards and, accordingly, included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances. In our opinion, the schedules referred to above present fairly the Undeposited Receipts for the above named period and their disposition as of October 31, 1986 in confirmity with generally accepted accounting princilpies. kdV v` Kemp 8 Ro sco Certified Public Accountants October 31 , 1986 -4- MONROE COUNTY, FLORIDA BUILDING' AND ZONING OFFICE PLANTATION KEY SUMMARY SCHEDULE OF UNDEPOSITED RECEIPTS PER DAILY CASH SHEETS OCTOBER 31 , 1986 Applications Permits TOTAL Amount Recei t # Amount Receipt a September 2 $ - - $ 630.20 20259-60 $ 630.20 September 3 75.00 422455 40,526.80 20261-68 42,601.80 September 4 3.75 422457 12,697.30 20269-73 121701.05 September 5 75.00 422459 152,394.20 20274-99 152,469.20 September 8 26.75 422461 82,050.20 20300-04 82,076.95 September 9 30.00 422463 49,822.00 20305-39 492,852.00 September 10 30.00 422465 312,138.60 20340-55 312,168.60 September 11 - - 8,177.00 20356-69 8,177.00 September 12 - - 282496.30 20370-92 282496.30 240.50 147,932.60 1482,173. 10 Application fees collected 9/9 b 9/10 included In both permits b app- lication deposits (60.00) (60.00) VOID permit 20278, 9/5 incl . in permit cash amount (255.00) (255.00) $ 240.50 $ 147,617.60 $ 1472,858. 10 The accompanying notes are an integral part of these schedules. -5- O O N C v 4 QI r C O M m tq I 0 1 0 O O CD O 00 O 000 CDO O L 00 O O > > p- d' M r V C N to L C 7 m v m v m _ U L O O HO C4 N O M M N Q\ N ID a's?N N N O OI O MW)104- O N 00 C 4 N Y N > N N N N N N N N N O N M N N N N N N N N N M O N N W } > \ \\\\\\\\ \ \ \ \\\\ \ I'll \\ Y N 10 O O 0010000�00 O Q` 0l OO�p10 O P0'0 Q` 00 Q`Q` Q`000+ VI 0 f Of } af 4 a O 4 Z 0,, } J F O O 000000000 O O 00 0 0 0 0 0 0000 000000000 10 O. a N �. 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Most of the taxpayers have reissued their checks, occasionally deducting the related stop payment charge. The reissued checks are deposited separately from normal receipts and are clearly labeled as special deposits. Initially, the special deposit receipts were not listed by permit number. We were able to specifically identify most amounts by notes written on permit copies as to the date deposited and amount. In early October and thereafter, deposit slips included the related permit number. There were, however, some permits which could not be associated with deposits (asterisked on preceeding pages). The asterisked permits total $5,049.90. Special deposits which we could not match with permits are listed as follows: September 19 $ 21,438.50 19 783.00 23 95.00 23 1 ,003.50 October 2 780.30 $ 5,100.30 The amounts are reasonably close and it appears that all such receipts were deposited. -10-