Watson Releases Follow-Up Report on City of Pevely Audit Findings

Missouri State Auditor John Watson released the follow-up report on the City of Pevely audit findings.

Here are the findings of the October 2014 audit and their current status:

Inter-fund obligations: Implemented
Financial information and monitoring: Partially Implemented
Bonds and sales taxes: In Progress
Budgets and Financial Statements: Implemented
Financial reporting: Implemented
Bidding and Professional Services: Implemented
Professional services: Implemented
Mayor's Cellular Phone: In Progress
Accounting Controls and Procedures - Bank reconciliations: Not Implemented
Accounting Controls and Procedures - Outstanding checks: Implemented
Accounting Controls and Procedures - Utility adjustments: Implemented
Accounting Controls and Procedures - Utility deposits: In Progress
Accounting Controls and Procedures - Capital assets: In Progress
Sunshine Law Violations: Implemented

Here is a link to the October 2014 audit which received a rating of "poor".

To read a full follow-up report issued today, visit here.