iowa-state-auditor

Iowa Auditor Rob Sand released the audit report for the City of Bagley for the fiscal year beginning July 1, 2022 and ending June 30, 2023.

This audit was done at the request of petitioners who submitted concerns regarding payroll disbursements and content of minutes such as approval of pay raises and publication compliance. Sand reported that issues identified are related to the City’s budget submission, payroll disbursements and credit card disbursements. He recommends that City officials implement procedures that strengthen internal controls for the city. He noted some examples including properly segregated duties, performing independent reviews of credit card statements, and making sure that all disbursements and payroll checks are properly supported and approved. A copy of the full report can be found at the Auditor’s website.