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Cairo council approves FY24–25 budget amendments and orders plan to repay $1.8 million shifted from landfill account
Summary
City council approved $730,145 in FY24–25 general fund budget amendments and instructed staff to develop a repayment plan after auditors flagged roughly $1.8 million that had been recorded as a due-to/due-from transfer from the landfill fund to utilities.
The Cairo City Council on Monday approved fiscal year 2024–25 general fund budget amendments totaling $730,145 and directed staff to produce a formal repayment plan after auditors identified roughly $1.8 million moved from a landfill restricted fund into city utilities accounts without documented council approval.
City finance staff alerted the council that "we identified that $1,800,000 were sitting in a due to due from account where it's showing that utilities owe this money for the landfill," and said the amount has been carried on the city's…
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