State auditor: Belmore financial records ‘unauditable’


For The Lima News



Yost

Yost


BELMORE – Ohio Auditor David Yost declared the Village of Belmore “unauditable” on Thursday after the Putnam County village ignored repeated requests for financial records.

Auditors sent written requests to every village official in May for the financial statements needed to perform the village’s 2016-17 audit. None of the officials responded.

“These officials are depriving taxpayers of their right to a transparent government,” Yost said. “It’s in the best interest of everyone involved for the village to open its books without further delay.”

In a letter to the village, the auditor’s office provided a list of information required to complete the audit.

Within 90 days of the date of the letter, the village was required to revise its financial records and provide the necessary data. Failure to bring accounts, records and reports to an auditable condition could result in legal action, including the possibility of the attorney general issuing a subpoena to village officials to explain the condition of records. The attorney general may also file suit to compel the officials to prepare and/or produce the required information.

The Auditor’s Local Government Services Section was available to village officials to assist in bringing records to an auditable condition. LGS provides a wide variety of services to local governments, including reconstructing financial records and aid in the reconciliation of books.

An entity is removed from the “unauditable” list once the audit is completed and released to the public.

Yost
https://www.limaohio.com/wp-content/uploads/sites/54/2018/06/web1_Dave-Yost.jpgYost

For The Lima News

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