January 28th , 2014 10:00 am Leave a comment

Mayor calls on CCT to use county procedures

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Photo by Brandon Hicks
Carter County Mayor Leon Humphrey called on Carter County Tomorrow to adopt policies similar to those used by the county finance department.

In a bid for financial consistency, Carter County Tomorrow’s board of directors is considering adopting a set of policies and procedures.

An agreed-upon procedures report presented to the Carter County Tomorrow joint full and executive board on Monday cited a lack of approved and documented policies and procedures for the entity’s financial operations.

The report stems from Carter County Mayor Leon Humphrey’s request that Carter County Tomorrow be required to conduct an annual audit. Humphrey’s reasoning was that an audit had not been conducted since the organization was established in 2006.

However, the board chose the agreed-upon procedures report in lieu of the full audit during its October meeting.
Karen McMurray, a certified public accountant with Blackburn, Childers & Steagall, said the report should give the board a place to begin improving and implementing financial operations and policies.

“It’s not that we found anything that was wrong,” she said. “It’s more about having consistency in policy and procedures.”

She also added that a full audit, as requested previously, would garner the same results she outlined to the board on Monday.

Her suggestion was to adopt policies and procedures, and wait another year to address whether or not to conduct a full audit or conduct another agreed-upon procedures report in a different area.

McMurray said financial procedures were communicated to her verbally, but noted she was unable to check them against board-approved procedures and policies – because they did not exist.

McMurray said Carter County Tomorrow should compile the current procedures that are being communicated verbally.

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