10/06/2023 - Jefferson City, MO
Missouri State Auditor Scott Fitzpatrick recently issued monthly reports detailing the compliance of municipalities and other political subdivisions with financial reporting laws.
One report includes cities, towns, and villages while the other lists political subdivisions such as water, fire protection, and other taxing districts. Per state regulation, these entities are required to file annual financial reports with the State Auditor's Office within six months of the end of their fiscal year.
A total of 8 municipalities (4 cities and 4 villages) and 13 taxing districts were required to file by August 31 because their fiscal year ended on February 28. Of those entities, 18 filed financial reports timely.
These reports also include information on 58 municipalities (47 cities, 2 towns, and 9 villages) and 187 taxing districts that submitted late financial reports or other related documents during the month of August to the State Auditor's Office.