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Monday, Oct. 20, 2014

County accepts audit bid

Friday, May 20, 2005

CHARLESTON - The sole bid to conduct an audit of the county was accepted by Mississippi County commissioners during their regular meeting Thursday.

"After looking through the proposal that was submitted last week, everything seems to be in line," County Clerk Junior DeLay said.

The sole bid, submitted by Brown and Thomas CPA of Jackson, is for $8,775. DeLay advised commissioners during their May 12 meeting that the bid was a reasonable price compared with what other entities are paying.

DeLay said if the audit includes going over the health department, too, the county could ask the department to pick up their share of the cost.

Two of the firm's partners, both of whom are CPAs, will conduct the audit. "This particular firm is experienced in auditing counties," DeLay said.

The audit is a requirement due to the county's level of participation in federal grants unrelated to the regular state audits.

DeLay said Missouri statutes require an audit of the county once during the term of county commissioners which used to be two years long. As state audits were conducted every other year, federal authorities waived their regular audit requirement for Missouri.

Now that commissioner terms are four years and state audits are only required every four years, a federally-mandated audit must be conducted for any year in which over $500,000 in federal grant money is received in the county.

"So that's like a $9,000 mandated expense every year," Presiding Commissioner Jim Blumenberg said. The county does not have to pay for its audit by the state.

Unlike the regular state audit which looks at both financial matters and performance, the federally mandated audit only looks at the financial aspects, DeLay said.

In other business during Thursday's meeting:

* Commissioners reappointed Kenny George and Robert Carman, both of Charleston, to the Port Authority Board for three-year terms.