State Auditor Allison Ball released the audit of the 2023 financial statements of Campbell County Clerk Jim Luersen.
State law requires the auditor to conduct annual audits of county clerks and sheriffs. Auditing standards require the auditor’s letter to communicate whether the financial statements present fairly the receipts and disbursements of the Campbell County Clerk and the receipts, disbursements and fund balances of the Campbell County Clerk’s operating fund and county fund in accordance with accounting principles accepted in the U.S.
The clerk’s financial statements did not follow that format, according to the audit; however, the clerk’s financial statements are fairly presented in conformity with the regulatory basis of accounting, which is an acceptable reporting methodology. This reporting methodology is followed for all 120 clerk audits in Kentucky. The auditor noted no instances of noncompliance. The auditor also noted no matters involving internal control over financial reporting and its operation that were considered to be material weaknesses.
The county clerk’s responsibilities include collecting certain taxes, issuing licenses, maintaining county records, and providing other services. The clerk’s office is funded through statutory fees collected in conjunction with these duties.
The audit report can be found on the auditor’s website.