[HISTORY: Adopted by the Borough Council of the Borough of Baldwin 12-20-1982 by Ord. No. 528. Amendments noted where applicable.]
From and after December 31, 1982, the office of elected auditors in the Borough of Baldwin is hereby abolished. Any auditors presently holding office for the term for which elected shall not, from and after December 31, 1982, audit, settle or adjust any accounts audited by such elected auditors, but such elected auditors shall perform other duties of their office as specified in the Borough Code.
The office of Auditor shall henceforth be held by an independent auditor, who shall be a certified public accountant, registered in Pennsylvania; a firm of certified public accountants so registered; or a competent public accountant or a competent firm of public accountants. The office of independent auditor shall be appointed annually by a resolution of the Borough Council, which resolution shall be adopted before the close of the fiscal year of the Borough and shall authorize the independent auditor to make an independent examination of the accounting records of the Borough for such fiscal year, and such independent auditor shall also perform whatever other duties and shall exercise such powers as are conferred upon the Auditor by the annual resolution of the Borough Council or by the powers and duties created in § 4-3 hereof.
The general powers and duties of the independent auditors appointed under this chapter shall be as follows:
The independent auditor shall annually examine, audit and settle all accounts whatsoever in which the Borough is concerned, and the audit shall consist of an examination in accordance with generally accepted auditing standards and shall include such tests of the accounting records and such other auditing procedures as it considers necessary in the circumstances.
The independent auditor shall audit the accounting records of the Borough for the fiscal year and shall prepare a report on the examination, which shall set forth:
The scope of its examination.
Its opinion of the fairness of the presentation of the financial statement of the Borough which shall show a complete statement of the financial condition of the Borough, giving in detail the actual indebtedness, the amount of the funded debt, the amount of the floating debt thereof, the valuation of taxable property therein, the assets of the Borough with the character and value thereof and the date of maturity of the respective forms of funded debt thereof.
The amount of any balance or shortage or any expenditure of a kind or made in a manner prohibited or not authorized by a statute which came to its attention during the course of its examination and which, in its opinion, causes a financial loss to the Borough, which loss is material in relation to the receipts and disbursements of the Borough, and such amount shall be a surcharge against any officer against whom such balance or shortage shall appear.
It shall be the duty of the independent auditor:
To file a copy of the report with the Secretary of the Borough and the Clerk of the Court of Quarter Sessions of the County and the Department of Community Affairs not less than 90 days after the close of the fiscal year.
Editor's Note: Now the Department of Community and Economic Development.
To publish within 10 days thereafter, by advertisement in at least one newspaper of general circulation in the Borough, a concise financial statement setting forth the balance in the treasury at the beginning of the fiscal year, all revenues received during the fiscal year by major classifications, all expenditures made during the fiscal year by major functions, the current resources and liabilities of the Borough at the end of the fiscal year, the gross liability and net debt of the Borough, the amount of the assessed valuation of the Borough, the assets of the Borough with the character and value thereof, the date of the last maturity of the respective forms of funded debt and the assets in each sinking fund. The independent auditor shall make his report on the uniform form prepared pursuant to Article XIII of Title 53, 53 P.S. § 46301 et seq. Such publication shall be deemed compliance with the provisions of the Act of June 25, 1941, P.L. 159, known as the "Municipal Borrowing Law," 53 P.S. § 6101 et seq., which requires the corporate authorities of the boroughs to publish an annual statement of indebtedness.
Editor's Note: 53 P.S. § 6101 et seq. was repealed by the Act of July 12, 1972, P.L. 781, No. 185. For current provisions pertaining to municipal borrowing, see the Local Government Unit Debt Act, 53 Pa.C.S.A. § 8001 et seq.