Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Jonesboro Gets First Audit Opinion in Five Years
JONESBORO (KTVE/KARD) -- The town of Jonesboro get its first audit opinion in five years.
The report covers the fiscal year ending in June 2013. It was prepared by J. Walker & Company out of Lake Charles.
The audit lists several non-compliance and accounting discrepancies, but town fiscal administrator Kenneth Folden said in a phone call with KTVE that the discrepancies came during the term of former mayor Leslie Thompson.
Thompson was convicted for three counts of malfeasance in office in September. He's serving a six-year prison sentence.
Now that the town has no mayor, Folden says the $70,000 salary that is not being paid will helping to get finances in order. There is a mayoral election this November.
One issue highlighted in past audits was the misuse of the town vehicle by the mayor. Folden said employees are using the vehicles for errands only now.
Folden said the town is now off the non-compliance list, which means grant and state money is flowing again can be used for airport, streets and sewer projects over the next year.
"Infrastructure has been ignored for about five years," said Folden. "That will be the biggest issue and challenge that we face."
Folden says he's thankful for all the staff members at city hall helping in the progress of Jonesboro's finances.
Click the download link above to read the audit or you can click here to see it online.