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Council hears accounting overages and a stolen-check dispute tied to bank fees
Summary
Finance staff told the council consultants and audit cleanup drove professional services and auditing expenses well above prior budgets; members also discussed an $18,000 stolen check that banks declined to cover and questioned account analysis fees.
Finance staff warned the council that costs for outside auditors and bookkeeping consultants had risen sharply as the city rectified past accounting issues. The finance director said the current fiscal year included higher-than-budgeted professional-services charges used to catch the city’s books up for audit.
At the same session, council members raised a separate banking problem: staff reported a cashed check —…
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