Town of Belmont, New Hampshire : Annual Report 1991
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Subsequent receipts should then be posted to the account and any balance outstanding at month end should be easily traceable to outstanding bills.
Management's Comments — Will be implemented in 1991.
Q^sQlin? Qn4 l)i?$?l Inv?ntQn?9 Finding — The gasoline and diesel tanks are not inventoried during the year.
Recommendation — The tanks should be dipped monthly in the same manner as a commercial business. Gallons used should be accounted for from pump readings. It is extremely important that this ...be monitored on a monthly basis to prevent possible ground water contamination from any leaks in the tanks.
Clean up cost from such contamination is very expensive and is not normally covered by general insurance policies.
Management's Comments — This will be evaluated further.
Amounts due to the School District Finding — Amounts paid to the School District were expensed as they were paid.
Recommendation — As soon as the liability for the School District assessment is known, it should be recorded on the computer.
What to read after Town of Belmont, New Hampshire : Annual Report 1991?
You can find similar books in the "Read Also" column, or choose other free books by Belmont (N.H. : Town) to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Subsequent receipts should then be posted to the account and any balance outstanding at month end should be easily traceable to outstanding bills.
Management's Comments — Will be implemented in 1991.
Q^sQlin? Qn4 l)i?$?l Inv?ntQn?9 Finding — The gasoline and diesel tanks are not inventoried during the year.
Recommendation — The tanks should be dipped monthly in the same manner as a commercial business. Gallons used should be accounted for from pump readings. It is extremely important that this ...be monitored on a monthly basis to prevent possible ground water contamination from any leaks in the tanks.
Clean up cost from such contamination is very expensive and is not normally covered by general insurance policies.
Management's Comments — This will be evaluated further.
Amounts due to the School District Finding — Amounts paid to the School District were expensed as they were paid.
Recommendation — As soon as the liability for the School District assessment is known, it should be recorded on the computer.
What to read after Town of Belmont, New Hampshire : Annual Report 1991?
You can find similar books in the "Read Also" column, or choose other free books by Belmont (N.H. : Town) to read onlineMoreLess
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