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Council reviews annual fraud-risk assessment; staff notes size-related controls
Summary
Council reviewed the city’s annual fraud-risk assessment. Staff reported the report is typical for a small city, with lower scores where an internal audit committee or hotline are absent; council discussed scale and agreed no immediate changes were required.
Morgan City Council reviewed the annual fraud-risk assessment at the Oct. 28 meeting. Staff explained that the assessment is completed annually and helps identify internal-control strengths and weaknesses.
Janet summarized the assessment, noting items where the city received lower scores because it does not maintain a formal internal audit committee or dedicated fraud hotline—common features in larger jurisdictions. Councilors said the assessment appeared appropriate for Morgan’s size and asked staff to monitor whether governance changes would improve the city’s score in future assessments.
No formal action or motion was required; council accepted the report as informational and discussed the trade-offs of scale and internal controls.
Staff said the assessment and scoring methodology are part of routine oversight and that they would follow up on any items that warrant administrative attention.
