Long-time City of Monroe external auditor Francis Huffman could be out of a job, after a 5-0 vote at Tuesday’s council meeting to accept proposals for the city’s required annual review of finances. The audit is a legal requirement of all public entities in Louisiana, and is usually contracted to Certified Public Accountants who are on a list approved by the Louisiana Legislative Auditor (LLA).
District One’s Ray Armstrong said he had put together the Request for Proposal with input from various sources.
Said Armstrong, “I got the RFP from several other cities, and then I looked at AICPA (American Institute of Certified Public Accountants), updated their regulations and requirements for this, and then got input from administration – legal and the city – and came up with this.”
The council’s action came after Huffman presented the 2013-2014 audit earlier in the meeting. The audit was unqualified, Huffman said, but did have one finding, and two management letter comments.
One of the comments referred to misuse of a city credit card, and the other noted the lack of a contract between the city and the transit system operator.
The finding regarded use of unlicensed contractors by the Community Development Block Grant program.
District Three’s Betty Blakes questioned Huffman for about twenty minutes regarding several issues.