Delinquent finance reports to the state

Delinquent finance reports to the state

Posted in the Blairsville Forum

Worth repeating

Lula, GA

#1 Jul 13, 2014
"Local government authorities appearing below, if any, are delinquent in submitting the Report of Registered Authority Finances, and are barred from receiving state-appropriated funds from the Department of Community Affairs until the report is received."

www.dca.ga.gov/LocalGovStatus/RAF.asp...
Jimbo

Cleveland, GA

#2 Jul 13, 2014
Thought it strange that the hospital authority has failed to make reports since Gowder took over. You can expect Lamar to always be late because he doesn't want anyone to know what is going on and how money is spent.
ACOG

Jefferson, GA

#3 Jul 13, 2014
This is pretty pathetic 2012 AUDIT REPORT.

Griggs makes close to $100,000 with car and expenses.
Have you seen any new business come into the area?
We could get rid of the development Authority put the money back into the budget and pay for courthouse security. No tax increase to the taxpayers. At least you will see where your money is going!

Maintenance of General Ledger (Development Authority)

Criteria: Internal controls should be in place to ensure that general ledgers are properly maintained using full accrual and modified-accrual accounting methods, as applicable and based on generally accepted accounting principles (GAAP) for the entity.

Condition: Material misstatements were detected in the reporting of the County’s Development Authority.
Context/Cause: During our testing, certain audit adjustments were required to correct Development Authority account balances. The nature of these adjustments is as follows:

Audit adjustments of approximately $2,000 were required to properly record prior year audit adjustments and properly report beginning net position.

 An audit adjustment of approximately $152,000 was required to properly report intergovernmental revenues and related receivables to offset eligible expenditures which were incurred prior to December 31, 2012.

 Audit adjustments totaling approximately $173,000 were required to properly report capital assets and accounts payable for goods and services which were received or provided to the Authority prior to December 31, 2012.

 An audit adjustment of approximately $9,000 was required to properly report expenditures incurred prior to December 31, 2011 as an adjustment to reduce opening fund balance.

Effects: Audit adjustments totaling approximately $336,000 were needed to correct Development Authority account balances.

Recommendation: We recommend that the County carefully review all transactions of the Development Authority to ensure that transactions are recorded in accordance with generally accepted accounting principles.

Auditee’s Response: We will pass the above findings to the Board of the Development Authority for their review. We will provide assistance if requested to ensure all transactions are properly recorded by the Development Authority.
ACOG

Jefferson, GA

#4 Jul 13, 2014
Why are they delinquent in filing their reports?

Local government authorities appearing below, if any, are delinquent in submitting the Report of Registered Authority Finances, and are barred from receiving state-appropriated funds from the Department of Community Affairs until the report is received.

•Development Authority of Union County (2011)
•Development Authority of Union County (2012)
•Hospital Authority of Union County (2012)
•Hospital Authority of Union County (2013)
•Joint Development Authority of Fannin County, Towns County and Union County (2011)
•Joint Development Authority of Fannin County, Towns County and Union County (2012)
•Notla Water System (2013)
•Urban Redevelopment Agency of Union County, Ga (2012)
Maybe Baby

Blairsville, GA

#5 Jul 13, 2014
Jimbo wrote:
Thought it strange that the hospital authority has failed to make reports since Gowder took over. You can expect Lamar to always be late because he doesn't want anyone to know what is going on and how money is spent.
Could this be the reason? This is from Georgia's website and it's from the Instructions for Report of Authority Finances. Notice "to assist local taxpayers ... in better understanding and evaluating local government service delivery and operations."

"State law requires authorities that are authorized to issue bonds under the Constitution and laws of this state (O.C.G.A. 36-81-8) to submit to the Department of Community Affairs (DCA) an annual report of revenues, expenditures, assets, and debts (this requirement is in addition to the authority registration requirements). From these reports, DCA generates a consolidated, statewide report that is intended to provide useful comparative financial information to assist local taxpayers and policy-makers in better understanding and evaluating local government service delivery and operations."

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