Trigg County Judge-Executive Hollis Alexander took the time during Monday’s fiscal court meeting to go over the 2020 fiscal year audit that featured nine comments.
During Alexander’s comments, he said there is no money missing from the county or that any wrongdoings had been committed.
Most of the comments featured on the audit released last week came from what County Treasurer Lucy Oliver Kyler said were differences in practices from what the two auditor assistants who performed the audit preferred.
Concerning the “failure to report over $7,000,000 in outstanding debt obligations,” Alexander said it may not have been reported to the auditor, but a majority of it is out of their control.
The other portion comes from the refinancing of debt from the Pennyrile Area Development District.
When it came to the “overspending in two funds due to an unbalanced budget being presented on the fourth quarter financial report,” Alexander said that came after extra state money came in after the report was completed.
For the comments concerning “lacking an adequate segregation of duties over receipts and financial reporting” and “not implementing adequate controls over off-site collections,” Kyler said they are doing the best they can.
Alexander added those controls are as good as they can be without having to hire additional staff for the judge-executive’s office.
Full comments concerning the audit can be found below:
The audit press release from State Auditor Mike Harmon’s office can be found here.
