State law requires that counties provide an annual audit of their books within six months of the close of the fiscal year. Boone County’s fiscal year ends November 30, the audit’s due date is June 1. The audit for the fiscal year ending November 30, 2008 was not completed until July 14, 2009; the audit for the fiscal year ending November 20, 2007 was not completed until August 20, 2008. The fiscal year ending November 30, 2009 again is going to be late. The county’s CPA firm, Lindgren, Callihan, Van Osdol & Co. has requested an extension of 60 days to complete the audit. (See letter below).
The county will pay $20,000+ for this audit. Why is this report never timely? The county does not allow taxpayers an extra 60 days to pay their taxes, why must we accept this late reporting from our county.
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