City under-budgeted debt payments by $1M+ in 2019
The city of Columbus paid more than $1 million in excess of what was initially budgeted for general obligation bond debt in 2019, according to the city’s audit report for that year.
2019 audit reveals unbalanced accounts, untracked assets
The audit of Columbus’ finances for Fiscal Year 2019 showed issues with the city budget that went beyond the misdeeds of the former chief financial officer charged with embezzlement, certified public accountant Wanda Holley told the city council at its Tuesday meeting.
Independent auditor finds minor ‘timing issues’ at CMSD
The Columbus Municipal School District Board of Trustees approved an independent audit for the year ending on June 30, 2019, during Wednesday’s meeting, a report that listed a handful of minor irregularities that have been addressed.
Audit report: Improper fund transfers spark investigation of city’s FY 18 finances
Money flowed out of the city of Columbus’ general fund bank account without council approval in Fiscal Year 2018, prompting a Mississippi Office of the State Auditor’s investigation into the city’s finances, according to the city’s FY 2018 audit report obtained by The Dispatch.
Independent auditor finds paperwork deficiencies at LCSD
The CPA handling Lowndes County School District’s financial audit declared the district’s audit “clean” during the board’s regular meeting Friday, but not without raising several examples of incorrect filing procedures and information missing from board meeting minutes — the latter of which had board members questioning Business Officer Kenneth Hughes as to whether he had presented certain expenses to them at all.
CMSD to use $200K audit windfall to help fund employee pay incentives
Columbus Municipal School District will use nearly $200,000 of excess funds found in its 2018 audit to help fund its Teacher Incentive Pay Plan.
Auditor: Starkville has clean FY 18 audit
The city of Starkville has posted clean results for its Fiscal Year 2018 audit, according to a Watkins, Ward and Stafford auditor.
Audit finds three errors in CMSD reporting
Despite an otherwise clean audit, the Columbus Municipal School District made three mistakes in finance reporting for the fiscal year ending June 30.
OCH audit: Hospital loses money in 2015-16
OCH Regional Medical Center’s Fiscal Year 2015-16 audit reported a $190,844 drop in its end-of-the-year net position after all operational and nonoperational revenues and expenses were accounted.
City faces $200K budget error
At least one Columbus councilman is calling for a special audit after a $200,000 budgeting error has left the city facing an unexpected fiscal year deficit.
SOCSD adds controls after FY ’15 audit finds deficiencies
Starkville-Oktibbeha Consolidated School District Chief Financial Officer Tammie McGarr says the school district has implemented or is in the process of adding new policies after an audit of Fiscal Year 2014-15 found five deficiencies with how the district monitors federal awards, food services and receipts from athletic events.
State violation, material weaknesses found in Starkville audit
Starkville’s financial auditor cited the city for non-compliance with state law, three instances of material weaknesses and seven minor deficiencies in its review of Fiscal Year 2015.
CLW audit: Revenues, expenses up slightly
Columbus Light & Water’s operating revenues for its water department were up to $10.49 million in fiscal year 2015, compared to $10.16 million in 2014.
Delayed ’13 audit shows SSD tapped into reserves
A delayed audit of Starkville School District’s Fiscal Year 2012-2013 shows the district spent more than it received.
Starkville leaders now expect water, sewer rate increases
After first downplaying forecasted water and sewer rate increases, Starkville leaders performed an about-face Tuesday on City Hall’s previous stance and said future hikes are more than likely needed.
Starkville City Hall downplays forecasted water rate hikes
Starkville administrators downplayed a department head’s prediction of future water rate hikes by saying the forecast is premature before the city receives its Fiscal Year 2013-2014 audit in early 2015.
Vernon audit leads to $2K in monthly savings
A simple audit will save the City of Vernon roughly $2,000 a month.
Auditors give Starkville a clean report, find no significant defects
Starkville received a clean Fiscal Year 2013-2014 audit from the Mississippi-based accounting firm Watkins, Ward and Stafford on Tuesday.
Lowndes School District improperly allocated funding
The State Auditor’s Office revealed Tuesday that the Lowndes County School District did not properly use Title I funds during the 2012-2013 school year.
School board chooses search firm, asks for audit
The Columbus Municipal School Board voted to ask the Mississippi Department of Education to conduct an audit of the district and selected a search firm to conduct a search for a permanent schools superintendent during a specially called meeting Thursday.