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 […]
Tag: financial audit
Posted inNews
Independence receives clean annual financial audit
The city of Independence’s annual financial audit has been deemed clean by the accounting firm Chamberlin Owen, with no modifications or deficiencies found, indicating the city is in good financial shape.
Posted inNews
Kenton County School District’s financial procedures solid, audit finds
Kenton County School District’s annual financial audit found the financial procedures to be up to standard, with total district assets increasing by 10% and total expenditures decreasing by about $10 million.
Posted inNews
CPA: Highland Heights’ annual city council audit looks favorable
The Highland Heights City Council reviewed their annual audit, which showed growth in the city’s assets, comparable expenses, and receivables, and Mayor Greg Meyers felt the presentation was excellent.
Posted inEducation
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. […]