No performance audits of the financial records of the Noble County town of Red Rock have been conducted “since at least 2016,” state auditors discovered.
Although many of the questionable transactions uncovered during the forensic state examination were seemingly concealed from Town Board oversight, “an elementary review of Red Rock’s monthly bank statements could have detected many of these issues,” State Auditor and Inspector Cindy Byrd noted.
Members of the town’s Board of Trustees “failed to attend an authorized training class,” state auditor Geoffrey Morley discovered. “These statutorily required training courses” would have aided the board “in carrying out the duties conferred on it by state law.”
“Review and approval of all spending should have been a matter of routine business for the Town Board,” Byrd said.
“As always, it’s the honest taxpaying citizens of the town who will suffer.”