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Taylor Releases City of Portsmouth Audit
Auditor of State Mary Taylor released the audit of the city of Portsmouth for fiscal year 2006 today. The audit reveals inefficient accounting practices within certain departments and indicates that city officials failed to follow state law when entering into certain contracts.
“It is imperative that city officials follow proper accounting practices when conducting city business,” Taylor said. “Implementing and following strict policies and procedures improves accountability when managing public funds and reduces the potential for fraud or theft of taxpayer dollars.”
The audit reveals that city officials did not follow a formal bidding process, required by Ohio law, when entering into contracts for at least three city funded projects. Those contracts include:
- $48,232 for roof repairs
- $31,839 for a hydraulic pump
- $28,000 for a storm sewer gate
The audit also identifies certain accounting practices that need improvement including depositing funds daily within the city’s utility and probation departments and balancing the books more often in the probation department. City officials say they are working to correct these issues.
The Ohio Auditor of State’s Office is one of the largest accounting offices in the nation. The office strives to ensure that all public funds are spent legally and appropriately and works aggressively to root out fraud, waste and abuse in public spending. Taylor encourages anyone suspecting fraud or misspending of public dollars to contact her office toll free at 1-866-FRAUD-OH (1-866-372-8364).
A full copy of the audit is available online at www.auditor.state.oh.us.