A recent state audit of the books of the city of Evansville, Indiana, reveals poor bookeeping and accounting done by the city in 2011. The issue was not of embezzlement or cooking the books but more of incorrect recording of entries.
The city implemented a new accounting tool in 2011. But the tool implementation was done without proper training of the involved people,. This led to a lot of the transactions not being set up properly, entries were hitting the wrong accounts, causing errors, the city controller at the time and the staff were unable to get the fund reconciled so that caused other funds to be offs. The issue came to light during the state audit process.
The administration has taken necessary steps and fixed the issue. Will it come back, it is something we have to wait and watch.
