Wed. 9:50 pm: Ohio auditors give Warren’s 2015 budget clean bill of health
WARREN – A 2015 state financial audit of the city found a few areas of non-compliance, but nothing that requires the city to pay back any money.
According to the audit, the administration failed on several occasions to obtain a two-thirds council vote when it transferred a total of $560,000 from one line item to another during 2015. The city had transfers out of its general fund to the Packard Music Hall, $275,000; street maintenance, $10,000; and downtown parking, $60,000. There was a transfer $90,000 from the municipal courts to the general fund and a transfer of $125,481 from the motor vehicle levy to capital projects.
Auditors from Rea & Associates, which conducted the audit for the state, recommended the administration obtain approval from city council before transferring funds.
Read more in Thursday’s Tribune Chronicle.