None of the material weaknesses that auditors have identified in New Canaan’s finances in recent years have been the town treasurer’s responsibility, a candidate for the elected office said this week. Nevertheless, the identification of those weaknesses became a focal point for many in New Canaan and what Democrat Rob Fryer said he would do if elected town treasurer is “see that this doesn’t happen again.”
“What CPAs do who work in auditing in large corporate environments—and probably municipal governments, as well—is work with clients to eliminate material weaknesses as and when they occur and as and when arise,” Fryer told more than 150 people gathered Monday night at Town Hall for a debate. He added: “I have had the experience of years and years of eliminating material weaknesses, working with clients to do so and, if I am elected, the town will be my client and I will see that these things get addressed promptly.”
The incumbent town treasurer who is seeking re-election, Republican Andrew Brooks, said that it’s “important to know who has ultimate responsibility for remediating weaknesses” and noted that he was “one of the first people to support the creation of the town’s Audit Committee and commended members of the Town Council for their wisdom in creating that committee.”
A change in personnel at the top of the Finance Department, primarily, led to the elimination of all material weaknesses identified in New Canaan’s finances, Brooks said, and “it is important to know that the town treasurer is not part of the Finance Department.”
“I am totally independent of the Finance Department for the purposes of checks and balances,” he said. Brooks said further that the chairman of the Audit Committee recently made it clear “that there have never been any material weaknesses or deficiencies in my performance as treasurer, and that all the issues that were in the Finance Department, the material weaknesses have been remediated because of my recommendations and the Audit Committee’s recommendations finally being implemented.”
The pair debated during the League of Women Voters’ Candidates Forum. Candidates in all contested races for this year’s municipal election participated, including first selectman and Town Council.
