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Feather River College flags repeat audit findings tied to county treasury; college asks for treasury oversight
Summary
Feather River College officials told the Board of Supervisors auditors found repeated late interest apportionments and late payroll tax remittances tied to county treasury processing; the college urged creation of a treasury oversight committee and offered to participate.
Feather River College officials reported repeat audit findings that they said are tied to how the county treasurer's office allocates interest and processes payroll-related tax remittances.
"This is the second year of these repeat findings," Kevin Trena, superintendent/president of Feather River College, told the Board of Supervisors on Feb. 4. He said district auditors found (1) the college did not receive investment interest from the county…
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