Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Auditor tells Buffalo County commissioners controls were inadequate; unassigned fund exceeded statutory cap by about $230,000
Summary
An external auditor reported material accounting adjustments and weaknesses in Buffalo County's 2023'2024 financial reporting, including missing vouchers, unreconciled auditor/treasurer accounts and an unassigned general fund balance about $230,000 over the figure cited in 'SDCL 07/2001.'
Brandy, the auditor who presented Buffalo County's 2023'2024 audit, told commissioners the county's internal accounting controls over financial reporting were inadequate and that auditors had to make multiple formal adjustments to correct inaccurate financial statements. "This is just acknowledging that we performed our audit for the years 2023 and 2024," she said during the presentation.
The auditor said the county's total unassigned general fund balance exceeded the amount described in the transcript reference 'SDCL…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
