Audit finds $97.3M in NC DPS financial reporting errors
The NC DPS had $97.3 million in financial reporting errors for the Fiscal Year ending June 30, 2025, according to an audit released on Wednesday NCOSA.
A lack of sufficient internal controls over finances, and excessive expenditures on travel expenses are just some of the issues described in a Rapid Response Special Report released by the North Carolina Office of the State Auditor (NCOSA) on the Town of Zebulon.
Rocky Mount’s cash position has improved enough that state officials will not require city leaders to return to the Local Government Commission (LGC) next month, though the city remains under close financial monitoring. The update came during Tuesday afternoon’s LGC meeting, where Rocky Mount officials appeared before the commission for the fourth time to discuss the city’s financial condition. ...
The LGC voted to accept the Town of Speed’s plan to dispose of its assets after the town dissolves its charter, which is expected to take place on June 30.
he Town of Littleton, Halifax County, faced financial scrutiny at last week’s Local Government Commission meeting.
Local Government Commission (LGC) officials on Wednesday agreed to postpone a potential state takeover of Rocky Mount’s finances, contingent on the city complying with specific requirements.
An investigative report released Thursday by State Auditor Dave Boliek identified improper financial practices in Elm City, including payments for unperformed services and questionable reimbursements to town officials.
On Tuesday, NC’s Local Government Commission voted in favor of a resolution requiring an outside audit firm to conduct an internal controls audit of the Winston-Salem/Forsyth County School System.
The audit did not find evidence of fraud, but it detailed long-term mismanagement and weak internal controls and urged immediate corrective action.
North Carolina Attorney General Jeff Jackson celebrated the release of $400 million taxpayer dollars, despite that AmeriCorps failed eight consecutive audits.
At some point, we have to move from surviving the moment to shaping the future. This audit — as damning as it is — should motivate us to seize that opportunity.
NC audit finds WS/FCS faces $46M deficit, tied to COVID fund misuse, excess staffing despite enrollment drop, and broad financial mismanagement.