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CSA044346

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Reports of the Finance Committee I, 1857-1898 [Municipal Council of Sydney]

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This item is licenced for use under a Creative Commons Non Commercial, No Derivatives (CC BY-NC-ND 4.0 International) copyright license. It allows users to copy and share the item in any medium or format for non-commercial purposes, provided the item is not changed in any way, it is attributed to the City of Sydney and the author/creator (where known), and a copyright notice is included. Full licence terms are available from Creative Commons. No warranties or other rights are provided by the licence.

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Report of the Finance Committee on the letter from the City Auditor, Joseph Carroll, and the Report

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Unique IDA-00434903SeriesReports of the Finance Committee I, 1857-1898 [Municipal Council of Sydney]DateBetween 17th November 1867 and 29th January 1867Date qualifierincorrectFormatVolume - Leather BoundDescriptionReport of the Finance Committee on the letter from the City Auditor, Joseph Carroll, and the Report of the City Treasurer, Edward Lord, thereon. The Committee expressed its satisfaction with the Treasurer's report. Appended: Printed copy of the Auditor's Letter and the Treasurer's reply. The Auditor stated his opinion that the Books of Account were insufficient for their purpose and required remodelling and supplementing and should be kept by an Accountant in an Accounting Department rather than with and by the Treasurer. The Auditor noted that the Mayor and Aldermen were not in the habit of inspecting the Accounts and that it was not considered part of their duty. The Auditor considered the current system was difficult to comprehend and ambiguous. The Auditor drew attention to a number of matters including the system relating to receipts from the George Street Markets with books kept only at the Market by the Clerk, the illegal investment of funds in the sinking account in a bank instead of in Government securities, the creation of the Town Hall Fund Account, the accounting of the Government Annual Endowment Fund, apparent errors in the presentation of the salaries account (disputed by the Treasurer), illegal payments in cash and the method of paying the interest on debentures. LanguageEnglish (eng)Digitised recordNo

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Source system ID22/10/6/21

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Report of the Finance Committee on the letter from the City Auditor, Joseph Carroll, and the Report