Audit finds ‘concern’ with county’s administration
by Associated Press
Published: July 7,2011
Tags: audit, budget, county government, finances, government spending, state government, tax collections
HINDS COUNTY — Hinds County’s finances in fiscal 2010 reflect numerous areas of concern with how the county conducts business. That’s according to a private examination ordered by the state Auditor’s Office.
State Auditor Stacey Pickering noted the county ended the year with a $2-million deficit in its general fund and has routinely done interest rate swaps to ease the burden of about $47 million in bond debt.
The Clarion-Ledger reports the 65-page audit by BKD CPAs and Advisors cited dozens of areas for concern.
Supervisors George Smith 5 and Peggy Calhoun 3 say the economy and poor tax collections were to blame, and not runaway spending.
Pickering says other local governments are being scrutinized.
Source: Clarion-Ledger
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July 7th, 2011 at 11:34 am
Both George Smith and Peggy Calhoun are full of it. You don’t spend what you don’t have, idiots!