On-the-job training not working, state audit of small town indicates | Arkansas Blog

Saturday, June 10, 2017

On-the-job training not working, state audit of small town indicates

Posted By on Sat, Jun 10, 2017 at 6:48 AM

The Arkansas News Bureau dug up an item on a legislative audit this week that shows how hard it is to teach old dogs new tricks.

The issue was an audit of the town of Coy in Lonoke County, population 98. An audit found multiple problems in accounting — lack of annual financial statements, records of disbursements, bank reconciliations and receipts for money received as well as a failure to transfer highway money to the street fund. The problems date back more than a decade, the story reports.

Carolyn Jones has been treasurer of Coy for 30 years.

Jones told the panel she wanted to apologize for the non-compliance and said there was no excuse for it.

“I do not understand all the laws and so forth, and I’d like to know what I need to do from now on,” she said.
The auditing committee decided it needed to hear more about the town's situation, including from Mayor Ralph Jones, Carolyn Jones' husband.

Amounts of money are small. In 2014, the town took in about $22,000 and spent about $6,500 according to an unaudited statement.

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