Audit findings in the town of Richwood - KNOE 8 News; KNOE-TV; KNOE.com |

Audit findings in the town of Richwood

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RICHWOOD, La. (KNOE 8 News)- A newly released state auditor's report on Richwood points to why a fiscal administrator was appointed.

The report for $2,000 12 notes overall failure to manage and track finances and the mayor and aldermen don't appear to have the sufficient legal and technical expertise to manage the town's affairs.

The list goes on from there with no internal controls in-auditable records, failure to document expenses, missing payroll records, and missing utility contracts.

Plus the report notes failure to pay vendor invoices, failure to pay employees, and failure to file employee tax information.

A fiscal administrator has spent several months working to resolve the problems.
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