Watches & Warnings Warnings

Auditor: Gregg County in good fiscal shape

Auditor: Gregg County in good fiscal shape
Gregg County
News

POSTED: Tuesday, April 23, 2013 - 7:30pm

UPDATED: Tuesday, April 23, 2013 - 7:44pm

An independent financial auditor reported to Gregg County commissioners Monday the county used sound bookkeeping in managing its $24.3 million budget in 2012.

Auditor Chris Pruitt also gave a thumbs-up on the county’s financial soundness after pointing out the mission of such audits is strictly to evaluate whether the books were accurate for the year in question.

“If I were to analyze the financials, you’re way above average health-wise,” said Pruitt, who is with Southwest U.S. auditors, Pattillo Brown and Hill. “Financially, you’re in a very good position.”

That position was highlighted by the county’s lack of debt. Commissioner Ronnie McKinney had asked if he was correctly reading a chart indicating county debt falling from $3.4 million in 2003 to $265,000 by 2008 and zero since then.

“That is correct,” Pruitt said.

Continue reading this story from KETK newspaper partner the Longview News-Journal here.

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