NewsIberia Parish


Audit highlights continued financial problems for Jeanerette

Posted at 9:44 AM, Jan 20, 2020
and last updated 2020-01-20 10:44:40-05

A legislative audit is highlighting the continuing financial problems in the City of Jeanerette.

The audit says the city still has a high amount of very past due utility bills that, if collected, could pay for current operating expenses of the utility fund.

The report also found that the city's previous administration failed to collect $277,000 in delinquent property taxes.

In addition, the audit notes the city is in violation of a loan agreement with the U.S. Department of Agriculture because it failed to make deposits into two reserve accounts.

As of June 30, 2019, the City owed $31,468 to the debt service reserve fund and $33,632 to the short-lived assets fund, according to the report.

To read the full audit report, click here.