BRASHER FALLS – A state Comptroller’s Office audit faulted the Brasher Town Council for bookkeeping issues related to its Casino Compact fund.

The audit scrutinized the town’s spending of compact money from 2006 to 2009 as well as the settlement from in 2012 and found only one major issue.

“The Board generally expended casino compact revenue during our audit period in accordance with the nature of the approved spending plans. However, expenditures totaling $38,322 were not adequately supported and a payment of $36,358 was not board-authorized,” the audit report said.

Further, the records of moneys disbursed did not always distinguish expenditures by spending plan and intended uses, the report said.

“By resolution, the board approved and adopted its spending plans submitted to Empire State Development for all of the compact revenues disbursed to the town for 2006 through 2009 and the settlement in 2012, except for the 2008 spending plan, which lacked formal board approval by resolution.” the audit said.

The Board submitted a letter plan to ESD for the majority of the 2008 compact revenues, totaling $525,000 of the $631,254 received, but officials were unable to locate the board’s formal approval and adoption of the plan, according to the report.

The report stated that the board should take the following corrective actions:

• formally authorize all ESD-approved spending plans;

• ensure that records for casino compact moneys identify revenues received by spending plan, disbursements and uses against the respective spending plans, and the proposed purpose of any remaining funds;

• ensure all that expenditures of casino compact moneys are authorized and adequately supported;

• and monitor the status of spending plans and uses on a regular basis.

View the full audit here.