At the special LCCCA board meeting held on June 30, 2006 at 7:00 AM, the annual audit of the LCCCA's finances was presented. This audit covered their fiscal year from April 1, 2005 through March 31, 2006.
Trout, Ebersole, & Groff included a cover letter that cited several specific areas of concern, including a "lack of segregation of duties". This means that it would be possible for one individual to "handle a single transaction from beginning to end", without any kind of oversight. It was also recommended that the LCCCA Finance Committee regularly compare actual expenditures with the amount budgeted.
You can download the cover letter by clicking here (size = 1 megabyte)
You can download the entire audit report by clicking here (WARNING: 8 megabytes!)
Here is the statement of the LCCCA's finances during 2005 - 2006, as advertised in the Lancaster Intelligencer Journal of Saturday, July 1, 2006:
