The Otselic Town hall.

OTSELIC - The Otselic Town Board says it’s correcting some of the shortcomings found in a recent New York State Comptroller’s audit of the town’s financial records.

“There’s work that’s been done on compiling the records that the auditors seem to think the board wants to see,” said Otslic Town Supervisor Marjorie Davis. “We’re addressing those recommendations and implementing them as the board sees fit.”

The comptroller’s report released on Friday highlights issues the town had with reporting accurate and timely information, as well as a conflict of interest triggered by a board member who may have benefited from a contract between the town and his auto parts business.

Among key findings in the report, the town supervisor failed to provide her board with accurate financial reports. Deposits totaling $127,000 were not recorded in accounting records, nor were cash withdrawals totaling $199,000 and fund transfers totaling $847. One deposit of $25,000 was recorded twice.

The report states that the supervisor was not familiar with the town’s bookkeeping software, but she intends to find training on how to use it.