Audit Finds Former Sherman Treasurer Failed to Deposit Over $20,000 in Village Funds

An audit recently released by the New York State Comptroller's Office found that a former Village of Sherman treasurer failed to record and deposit more than $20,000 in collections for more than four years. According to the report, the former treasurer failed to deposit those funds in recorded real property taxes, water, sewer and general fund receipts collected from July 1, 2012 through August 3, 2016. The report also found that the Sherman Village Board did not provide adequate oversight of the treasurer and did not annually audit the former treasurer's records and reports. The board and village officials also did not establish adequate written policies and procedures over the cash receipt collection process. Village officials agreed with the Comptroller's Office recommendations and have indicated they have initiated or plan to initiate corrective action.

The release of the report, which covered a period from June 2012 to November 2018, was delayed while the matter was under review by outside law enforcement. A letter from Sherman Mayor Colleen Meeder states that the Chautauqua County District Attorney's Office is pursuing an investigation of criminal charges. The former treasurer resigned on August 2, 2016.

Click here to view the entire report from the New York State Comptroller's Office.

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