Feb 19, 2014 6:59 AM by AP
JONESBORO, La. (AP) - The town of Jonesboro received its first audit opinion in five years, giving officials a final look into the questionable financial practices of former Mayor Leslie Thompson.
The News-Star reports the qualified opinion included nine control deficiencies and three instances of noncompliance.
Fiscal Administrator Kenneth Folden says just getting the opinion shows the town is moving in the right direction and has taken many steps to correct the fiscal chaos.
The audit, prepared by J. Walker and Company of Lake Charles, outlines numerous accounting discrepancies, including no controls to ensure that ad valorum taxes collected for the fire department and street maintenance were spent for their intended purposes.
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