The Iowa State Auditor’s Office has released its report on the City of Glidden’s Fiscal Year (FY) 2021 receipt and disbursement of taxpayer funds, identifying five potential issues. Three of the five findings were repeats from last year’s audit. State officials found the city lacked adequate internal controls through segregation of duties. The Auditor’s Office acknowledges this is difficult with limited staffing but recommends the city utilize the maximum number of internal controls as possible to mitigate the potential for mistakes or fraud. Auditors also found disbursements for public safety, community, and economic development exceeded the amount certified in the FY21 certified. Such expenditures are allowed, but the city council must approve a budget amendment before paying out funds. Glidden’s Enterprise and Sewer Fund ran a $252,000 deficit in FY21. The Auditor’s Office recommends that the city investigate potential solutions to eliminate the deficit. City Administrator, Brooke Peterson, says this deficit is related to the ongoing lagoon and wastewater project and will be corrected when funding is received through grants, State Revolving Fund (SRF) loans, and more. The only other issues noted by auditors were a lack of independent review of the city’s journal entries and the inclusion of actual versus published budget disbursement in the clerk’s monthly reports. A copy of the entire FY21 City of Glidden audit can be found included below.
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21-Glidden_FINAL
