Missouri State Auditor Nicole Galloway recently issued a summary report indicating just 60 percent of local governments followed a state law requiring annual financial reports to be submitted to the State Auditor’s Office.
Missouri law requires cities, taxing districts and other local political subdivisions in the state to submit an annual report of financial transactions within six months of the end of their fiscal year.
Of the 3,259 political subdivisions with a deadline of filing their annual financial report during calendar year 2016, only 1,945 (60 percent) filed on time. Approximately 30 percent failed to file a report at all, and the remaining 10 percent either filed late or submitted incomplete information.
Galloway has called on delinquent government bodies to file required reports and has directed her staff to follow up. She notifies political subdivisions when reports are due, and sends notices of noncompliance when they fail to file required reports.
In Texas County, Galloway said the Village of Raymondville as well as Public Water Supply District 2 and 4 failed to file reports. The City of Licking and Current Township filed late.