Published July 13, 2026
About This Audit
The compliance audit of Rescue Hose Co. #1 of Ashley Relief Association for the period from January 1, 2023, to December 31, 2025, was conducted to assess if corrective measures were taken from previous findings and to evaluate compliance with relevant regulations on state aid and fund expenditures. The audit revealed several issues: failure to address a past audit recommendation regarding insufficient surety bond coverage, outdated bylaws, inadequate meeting minutes, and lack of proper signatory authority for fund disbursements. While the association generally complied with state laws, certain discrepancies persisted. Despite providing bank statements showing a balance of $30,801 as of December 31, 2025, the cash balance could not be independently verified. The audit recommends timely action to address these concerns. Management was cooperative during the audit, and their responses are included in the report. This is an automated summary. Please rely on the contents included in the released audit report.
