Barnes Dennig, an accounting firm contracted with the city of Covington, has issued an unmodified or clean opinion on the city’s financials. This will be the second consecutive year since 1995 that the city has received a clean audit from an independent financial firm. Additionally, the audit suggests that the deficit that has plagued the […]
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Audit reveals Covington Schools’ reliance on state funding
Audit documents and discussions surrounding them in November and December shined a light on Covington Independent Public Schools’ reliance on state funding. Attention to rising compliance costs and costs related to facility construction also stood out the board’s talks on district finances. “I’m mad,” said Board of Education President Tom Haggard at the December meeting. […]