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Auditor discovers missing city funds

ABERDEEN — An independent auditor says Aberdeen has misplaced $380,000 and missed out on nearly $1 million.

The Commercial Dispatch reports that Charles Buchanan began auditing the city’s electric, water and general city records in April.

Thus far, Buchanan has concluded $380,000 in utility payments which should have been paid into the Water & Light Department fund instead went to the city’s general fund. Also, he estimates the city’s unpaid municipal court fees at $950,000.

Mayor Jim Ballard says he’s not sure how Buchanan came to his conclusions.

Ballard says the city won’t make any decisions regarding the money erroneously paid into the general fund or record-keeping systems until Buchanan issues his final report.


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