State Audit Of City Of Sturgeon Finds Mismanaged Funds

A recent state audit is finding that the City of Sturgeon mismanaged funds.

According to the audit released by Nicole Galloway on December 17th, the city improperly transferred 2 certificates of deposit from the cemetery fund to the general revenue fund.

The audit also found the city’s budget, financial reporting and accounting records are in need of improvement, including an incomplete city budget, inaccurate accounting records, and inadequate financial statements submitted to the Auditor’s Officer.

A citizen-petition signed by 167 Sturgeon residents, initiated the audit.

The City of Sturgeon will now have to pay for the audit, which is said to have cost between $15 and $35 thousand dollars.

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