Following an audit that previously uncovered $322,000 in accounting errors, Fort Thomas officials were told that the city’s latest financial review showed no significant issues, as the council continues to weigh the value of a forensic audit. The Fort Thomas City Council heard its 2024/2025 fiscal year audit review, which came back clean, and discussed […]
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Fort Thomas writes off $322K after audit reveals years of accounting issues
Fort Thomas is writing off $322,000 as an “error of the past” following an audit that revealed major accounting issues. Conducted by Erlanger-based Chamberlin Owen, the audit was for the fiscal year ending June 2024. The audit started in January. During a special meeting of the Fort Thomas Finance Committee on Sept. 30, Certified Public […]