Missouri News

Marion County financial audit getting started this week

By Herald-Whig
Posted: Jun. 19, 2017 5:30 pm

PALMYRA, Mo. -- An auditor has started the process of reviewing Marion County's finances.

Lisa Wright, a certified public accountant from Columbia, attended Monday's Marion County Commission meeting to introduce herself and let commissioners know the audit is getting under way.

"She's here with her staff for the week gathering information at the courthouse," Presiding Commissioner Lyndon Bode said in an interview.

Bode noted that the Missouri state auditor's office conducts a thorough audit of the county's business operations every four years -- at the state's expense. However, to keep qualifying for certain types of federal funding, the county must have a county-funded audit conducted at least once mid-way through the state's four-year cycle.

"This is our year to have it," Bode said.

"This one is not as complex or as in-depth as the state audit. It's more of a financial audit where they look at the books and make sure that we're using proper procedures as far as accounting and things like that."

Wright is being paid $12,500 for her services. She told commissioners that a report of her audit findings should be available by late August or early September.

Bode said he welcomes having an audit of the county's finances.

"An audit is a good thing to have," said. "If we're doing something wrong, we want to know about it and get it corrected. We feel we're doing everything right, but if there's something in there that's not going right, we want to know about it so we can get it taken care of."

Also at Monday's meeting, the commissioners met with a sales representative from a life insurance carrier to see if the county might be interested in switching vendors. The commission opted to make no changes.

The commission was originally scheduled to meet Monday with several Hannibal and Missouri Department of Transportation officials to talk about concerns involving vehicle weight limits on Paris Gravel Road just outside Hannibal's city limits. However, this discussion was removed from the agenda and will be taken up at the commission's June 26 meeting.

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