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Santa Cruz County finance leaders outline reforms after former-treasurer embezzlement, set budget schedule
Summary
Deputy County Manager and Finance Director Marissa Chavez said Santa Cruz County is implementing new financial controls and working closely with auditors and consultants after an embezzlement by the county's former treasurer.
Deputy County Manager and Finance Director Marissa Chavez said Santa Cruz County is implementing new financial controls and working closely with auditors and consultants after an embezzlement by the county's former treasurer.
"It's the embezzlement by the former treasurer. That's been a situation that has really put on a really, a dark cloud over us," Chavez said. She said the finance office is recording the loss and moving to implement policies and procedures intended to prevent a repeat.
The department described its audit and year-end work in detail. Chavez said the county closed its fiscal year on June 30 and that staff worked late into the night to…
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