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La Marque posts 1,250‑page financial packet as council presses for audits and accountability
Summary
City finance staff delivered a 1,250‑page packet and an online tracking spreadsheet to the council on Oct. 13, 2025, laying out reconciliations, audit findings and a plan for monthly public updates as the city confronts a credit‑rating downgrade and public concern about missing funds.
La Marque’s finance team on Oct. 13 released a 1,250‑page accounting packet and an online tracking spreadsheet that staff said will let residents and council see reconciliation work and audit follow‑ups in real time.
Interim Finance Director Worth Ferguson told the council the documents would be posted on the city’s website the next morning and walked through a public dashboard that itemizes reconciliations, month‑by‑month reviews and remaining audit findings. ‘‘All 1,250 pages will be available online tomorrow morning,’’ he said, describing a penny‑to‑penny review of funds dating back several years.
Why it matters: The financial materials come as residents pressed the council during public comment about alleged accounting lapses, possible commingling of restricted revenue, and a $5,000,000 grant signed this summer. The new materials are…
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