Keeping Track of City Funds

By Brandi Bailey

December 12, 2012 Updated Dec 13, 2012 at 1:56 PM EDT

(WBNG Binghamton) The local man considering a run for Binghamton City mayor in the next election is calling for internal changes.

Former Mayoral candidate Richard David says there's a hole in the city's checks and balances.

Over the past several years taxpayers’ money has been taken by a few city employees, including a former clerk and treasurer.

David also names former Binghamton Police Captain John Shea, who as we've told you was in court on November 14th and plead guilty to official misconduct.

David says money is being taken before it hits the banks, making it easier to become misplaced.

"There's a common theme win all of these thefts and that's cash that is collected on the front lines," said Richard David.

David is encouraging the city to hire an internal auditor, someone who would keep track of the cash as soon as it’s collected.

Binghamton Mayor Matt Ryan says, “Mr. David is incorrect to say these individuals were 'successful' in bypassing safeguards. We caught these misdeeds precisely because we had proper controls in place. In 2013, we're redoubling our commitment to these controls by hiring the City's first-ever Staff Accountant to give our Finance Department greater capacity to oversee our budget as responsibly as possible.”

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