A Positive Step - A Monthly Financial Report
Tennessee
state law requires that a county issue a detailed monthly financial report.
Such a report is a starting point for the information needed to enable the
Commission to regain financial control of the County.
The law
is quite specific on the content and format of the required report. Yet, Blount
County has not issued such a report in years.
Since
the County desperately needs the financial reports, policies and procedures
that will enable the Commission to properly budget, manage and account for,
$140 million of taxpayer money, Citizens for Better Government has strongly
advocated that the County comply with the law.
We were
very pleased to see that this report is included in the September Commission information
package, starting on page 201.
The
report is a good first step on the long road to REAL County financial reporting
and controls. Mayor Cunningham said he would do this at the budget
familiarization meeting in August. He is a man of his word. This is a good
sign.
This
gives us some hope, that working together, we can begin to solve the financial
problems of the County.