Otto Township Volunteer Firefighters Relief Association – McKean County – Audit Period January 1, 2022 to December 31, 2023

A compliance audit was conducted on the Otto Township Volunteer Firefighters Relief Association in McKean County, Pennsylvania, for the period January 1, 2022, to December 31, 2023. The audit aimed to verify corrective actions from previous reports and ensure compliance with state laws and procedures about state aid receipt and fund expenditure. The association addressed prior findings, such as the timely deposit of state aid and maintaining detailed meeting minutes. However, a current issue identified was inadequate signatory authority for fund disbursement, as some checks lacked proper authorized signatures per the association’s bylaws. Recommendations include establishing procedures to ensure two authorized officers, one being the Treasurer, sign all negotiable instruments. The audit concluded that, apart from the noted finding, the association was compliant.