YELLOW SHEET Office of the State Auditor of Missouri Claire McCaskill

September 26, 2001

Report No. 2001-99

IMPORTANT:� The Missouri State Auditor is required by Missouri law to conduct audits only once every four years in counties, like Holt, which do not have a county auditor. �However, to assist such counties in meeting federal audit requirements, the State Auditor will also perform a financial and compliance audit of various county operating funds every two years.� This voluntary service to Missouri counties can only be provided when state auditing resources are available and does not interfere with the State Auditor�s constitutional responsibility of auditing state government. 

Once every four years, the State Auditor�s statutory audit will cover additional areas of county operations, as well as the elected county officials, as required by Missouri�s Constitution.��

This audit of Holt County was a financial and compliance audit of various county operating funds.� The following concerns were noted: 

• The county has not developed a plan to repay approximately $122,000 in excess administrative transfers due from the General Revenue Fund to the Special Road and Bridge Fund. 

• The county has two 10-year Road and Bridge Capital Improvement Sales Taxes� of one-half of one percent each.� The sum of these two Capital Improvement Sales Taxes apparently exceeds the statutory maximum set by state law.� During the years ended December 31, 2000 and 1999, the county received approximately $290,000 and $276,000,� respectively, from these two sales taxes.� 

The audit also includes some matters related to budgets, computer controls, property records and procedures, the Law Enforcement Training Fund balance, closed meeting minutes, leave records, and federal awards, upon which the county should consider and take appropriate corrective action. 

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