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Report on the letter from the City Auditor on City Accounts for 30 June 1866

Description

Unique IDA-00434903SeriesReports of the Finance Committee I, 1857-1898 [Municipal Council of Sydney]DateBetween 24th January 1867 and 29th January 1867Date qualifierexactFormatVolume - 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 recordYesBorn digital itemNo

Numbering & Quality

Page number6, 21Volume number10

Access

Public access statusRestricted original (digital copy available)Public access notePlease acknowledge the City of Sydney Archives when using these records.

Identification

Source system ID22/10/6/21

Data Quality

Authenticity & integrityThese are the original reports by the Municipal Council of Sydney. The records have been held in the Council’s custody and have a high level of authenticity. Users should be aware that these are historical records and the language used within the records was the language of the time it was captured, and may not reflect current community values or expectations.

Relationships

OrganisationSydney City Council

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Report on the letter from the City Auditor on City Accounts for 30 June 1866