Port Jervis Hires Outside Accounting Firm to Straighten Out the Books
Published on April 23, 2024
The Port Jervis City Council on April 22 voted unanimously to hire an outside accounting firm to bring its bookkeeping and bank reconciliations up to date. Neither the general ledger, which keeps track of the city’s financial transactions, nor the bank reconciliations have been maintained since December 2022, according to the approved city resolution. At least three municipal funds are affected: general, water, and sewer. “The significance of this is not knowing completely where our finances are at,” newly elected Port Jervis Mayor Dominic Cicalese told The Epoch Times. “We know how much money is in our bank accounts per se, but it is general ledger and bank reconciliations that show us how the money got transferred and where it went.”...