Sunday, February 28, 2010

Comptroller hasn't received financial reports from Galva, Sherrard for years - Quad Cities Online

Both communities are near the Quad Cities(Rock Island County), one in Henry County the other in Mercer County. Do you think something is wrong here?  

Illinois governments are required to file annual financial reports with the state comptroller's office, but Sherrard and Galva have failed to file for years.
Both governments should have filed 2009 reports 180 days after their fiscal years ended April 30.

Criminal issues were unveiled in Sherrard, where years of delinquency notices finally led to an audit that revealed former village clerk Marilyn Davis had embezzled at lest $282,000 over six years from the village.

Mr. Dyer[City Manager of Galva] said Galva, 45 miles southeast of the Quad Cities, has a staff of 13 full-time employees to serve 2,758 residents.
Mr. Dyer said the city hired Blucker, Kneer & Associates in 2006 for the 2005 audit which took three and a half to four years to complete. The firm is now working on the 2006 report and Mr. Dyer said he expects the process to move much more quickly now that records are electronic.

 

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