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Curry County budget staff say audits largely reconciled; forensic review flagged large misallocations
Summary
County finance staff told the budget committee they have reconciled software discrepancies going back to 2020 and are wrapping the FY24 audit, while a forensic audit has already identified misallocated distributions — including a $300,000 payment that should have been $3,000 — that will require corrective actions.
Presenter told the Curry County budget committee the finance team traced accounting software discrepancies back to 2020 and has been working to correct them so the county can move forward with its audits and budget work. "As of May, everything is now agreeing to the audit report," the Presenter said.
The Presenter said completing the FY24 audit is a precondition for fully evaluating fund balances and finalizing certified numbers.…
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