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COMMENTS AND RECOMMENDATIONS - continued <br />An additional reason for the build-up in this fund is the 1957, interest <br />and principal requirements of $800.00. paid out of the Road and Bridge fund. <br />The council should authorize a transfer to reitburse this fund for the $800.00. <br />The records were not complete or in a condition to begin the audit <br />function. As a result it was necessary to perform certain routine book - <br />keeping duties such as totalling and balancing the clerks records, <br />reconciling the records to bank balances (apparently not done during the <br />year) and inserting account names, etc. This added to the time required - <br />by us and required extension of auditing procedures to fully satisfy our- <br />selves of the reliability of the records.. We urge that more consideration <br />and time be devoted to maintain the basic and necessary accounting records. <br />