Jefferson City – In the areas audited, the overall performance of this entity was Poor. A follow-up team from Schweich’s office will return to Knox County next year to see if the audit recommendations have been implemented and will issue another public report.
As noted in a prior state audit, the general revenue fund and the special road and bridge fund remain in poor condition. Disbursements have generally exceeded receipts for both funds and are projected to do so again in fiscal year 2012. The county made some poor financial decisions which impacted the county’s financial condition.
The ballots, court orders, and county procedures supporting the capital improvement sales tax do not comply with state law. The county violated state law when it attempted to pass a second law enforcement sales tax twice in less than 12 months, and the tax would have exceeded the lawful limit if it had passed. The overall county sales tax records are insufficient.
The county made several errors when calculating and reporting property tax levy reductions, which negatively impacted the county’s general revenue property tax receipts. The county misclassified a 2010 general revenue property tax levy reduction resulting in less property tax revenues, and the 2011 property tax reduction was not sufficient to offset sales taxes received.
To view the complete report, Citizens Summary and audit rating scale, visit:
Posted on Friday, December 14, 2012 at 10:30 a.m.