County audit reveals no major issues

Davis, Lynn & Moots PC, which conducted the audit, gave an unqualified, or clean, opinion – the best that can be received, according to a county news release.

The county’s net assets in 2005 increased by $9 million from 2004, and its assets exceeded its liabilities by $203 million. Long-term liabilities fell by more than $375,000 because of principal payments.

The audit did, however, make two procedural recommendations, though the county says both already are being addressed.

The firm suggested the county upgrade, replace and consolidate its three general ledger systems. The county has budgeted for the change and is in the process of reviewing software vendors.

The firm also recommended that the county improve internal communications with the county auditor regarding the tracking of expenditures covered by federal grants. The audit noted that communication likely would be improved after the ledger systems are consolidated.

The audit also brought to light a problem with the 911 system that the county has been aware of, as it persists today.

Expenditures from the E-911 fund and the Law Enforcement Sales Tax fund exceeded revenues in 2005, according to the release. The situation forced the county to transfer nearly $715,000 to the E-911 fund and $1.6 million to the Law Enforcement fund from general revenue in 2005.