Audit of Collection Activities at the Department of Agriculture – St. Croix

The Office of the Virgin Islands Inspector General has issued the audit report on collection activities at the Department of Agriculture – St. Croix. We found that the collector or assistant collectors (i) did not always issue receipts required for properly documenting revenue collections; (ii) did not use Finance issued manual receipts in the collection process; (iii) did not deposit collections timely; (iv) did not post batches of daily collections and deposit transactions to the Government’s ERP System timely and consistently; (v) did not process, for payment, batches of credit/debit card transactions daily; and, (vi) performed critical duties without management review, verification, and approval. In addition, we found that revenue collections were not properly and consistently reconciled to deposits and that the Government Accounting Manual was outdated. To view the report, click here.