WS - D - Tiffin FS - FY 2023

City of Tiffin Schedule of Findings and Responses Other Findings Related to Statutory Reporting 23-IV-A – Certified Budget Disbursements during the year ended June 30, 2023, exceeded the amounts budgeted in the capital outlay function. Chapter 384.20 of the Code of Iowa states, in part, "public monies may not be expended or encumbered except under an annual or continuing appropriation." Recommendation: The budget should have been amended in accordance with Chapter 384.18 of the Code of Iowa before disbursements were allowed to exceed the budget. Response: The budget will be amended in the future, prior to exceeding approved disbursements. Conclusion: Response accepted. 23-IV-B – Questionable Disbursements We noted no material expenditures which did not appear to meet the requirements of public purpose as defined in an Attorney General's opinion dated April 25, 1979. 23-IV-C – Travel Expense No disbursements of City money for travel expenses of spouses of City officials or employees were noted. 23-IV-D – Business Transactions There were no business transactions between the City and City officials or employees that exceeded $6,000. 23-IV-E – Restricted Donor Activity No transactions were noted between the City, City officials or City employees and restricted donors in compliance with Chapter 68B of the Code of Iowa (Government Ethics and Lobbying Act). 23-IV-F – Bond Coverage Surety bond coverage of City officials and employees is in accordance with statutory provisions. The amount of coverage should be reviewed annually to ensure that the coverage is adequate for current operations. 23-IV-G – Council Minutes No transactions were found that we believe should have been approved in the Council minutes but were not. 44