Ada Township audit discovers $300K error | News
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ADA TOWNSHIP, Mich. (WZZM) - No money is missing or was mis-spent, but Ada Township leaders say a preliminary report from their auditor is cause for concern.
For the second year in a row, the annual audit of township books discovered what is called a "material weakness."
"There is an issue of reconciling bank accounts and matters that relate to the clerk and treasurer's office," says township supervisor George Haga.
The preliminary audit findings were presented at Monday night's board meeting by trustee John Westra, who is a candidate for supervisor.
"Some specific issues found are $307,000 of unreconciled transactions," he said.
But no one -- not even Westra -- is accusing anyone of stealing or losing any township money.
"No money is missing," stated township clerk Susan Burton. "Absolutely not. It was a bookkeeping mistake, simple as that."
To help the clerk and treasurer balance the books the auditor recommends the township hire an accountant for monthly or quarterly consultations.
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