LEGISLATIVE JOINT AUDITING- COUNTIES AND MUNICIPALITIES [Source] Translate

The meeting began with a prayer and the adoption of minutes from the previous meeting. An update on delinquent private water and sewer reports for 2022 indicated that two cities filed reports through 2024, with 19 out of 43 entities having their funds released. For 2023, 59 out of 64 entities filed reports, with five not having their turn back escrowed. The committee discussed noncompliance issues in several municipalities. The city of Adona showed progress in accounting compliance, and a report was filed unanimously. In contrast, Gum Springs faced significant noncompliance, with repeat findings in budget adoption and accounting procedures. The mayor acknowledged the issues, and a 60-day compliance clock was initiated. The town of Fargo's discussion was deferred due to the mayor's illness. Denning also faced substantial noncompliance, attributed to personnel losses during COVID-19. The committee started a 60-day compliance clock for Denning as well. The meeting highlighted the importance of training and support from the Municipal League. Various audits revealed issues in financial management across municipalities, including the City of Strong, which had significant discrepancies and acknowledged the need for better internal controls. The committee emphasized accountability and compliance with state laws. An investigative report on the Faulkner County Fair Association raised concerns about revenue deposits and disbursements. The city of Brooklyn faced issues with payroll fraud, while Mineral Springs had unauthorized fund transfers and overpayments. Rondo dealt with undocumented fuel purchases and missing assets. The committee reviewed multiple financial reports, filing some and deferring others for further information. Caddo Valley's report included issues with recording interest on CDs, and the committee discussed the need for accurate financial tracking. Prairie County's budget issues were raised, with unexpected expenditures exceeding appropriations. The county judge committed to better financial management. Concerns were also raised about the Cross County Rural Water Association, which had not filed audits since 2002-2003. The committee decided to defer the report and invite the association to the next meeting for further discussion. The meeting concluded with a reminder about the next meeting location and a report on remaining audits with no findings, which were agreed to be filed without objection.