The Town of Homer’s latest audit has many adverse findings, in addition to a lack of financial data for the town’s hospital. Wrote Shreveport CPA Marsha Millican:
The financial statements referred to above do not include financial data for the Town’s legally separate component unit. Homer Memorial Hospital, which accounting principles generally accepted in the United States of America require to be reported with the financial data of the Town’s primary government.
Among the findings:
Customer utility accounts are not properly reconciled and managed
Vendor payments are not made on a timely basis
The Town made payments to organizations without a cooperative endeavor agreement in place.
Minutes of the Board of Selectmen were not published in a timely basis.
The Town is not in compliance with the Local Government Budget Act.
Traffic violations were not reported to the Louisiana Department of Public Safety as required by law
Monthly reports to the Municipal Retirement System and the Municipal Police Retirement System were not filed on time nor paid on time for eleven months
See here the complete audit.
Last March, Mayor Alicia Smith was arrested and accused of malfeasance.