Saturday, June 26, 2010
Prestonsburg Audit Shows Surplus
KENTUCKY...
Prestonsburg city officials approved the city’s audit for the 2008-09 fiscal year ending in June and came away with some places for improvement, but also a financial surplus. Prestonsburg Mayor Jerry Fannin said the audit, conducted by Jones, Pack and Associates, showed a financial surplus of more than $549,000 for the city. In the overall auditor’s findings, it is pointed out, according to the text of the full report, that there were problems found with segregation of duties “most notably with the Prestonsburg Park Board and Stonecrest Golf Course.” No major deficencies were noted and corrective action on others was underway.
# posted by Homer Owens @ 7:20 AM 
