Seward County audit shows $6.4 million net decrease; auditor flags encumbrance controls
An external audit presented to the Seward County Commission shows a $6.4 million net decrease in county net position on a full-accrual basis, a material finding on encumbrance records, growing pension liabilities, and budget pressures that commissioners were warned are unsustainable without revenue increases or spending cuts.
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An auditor presented Seward County’s annual financial report to the Seward County Commission and told commissioners the county showed a $6.4 million net decrease in net position on a full-accrual basis for the period under review.
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