KANSAS CITY, Mo. — A citizen-requested audit of the finances of Ferrelview, Missouri, has turned up information that state Auditor Nicole Galloway has deemed “concerning.”
The village, just northeast of Kansas City International Airport, has been plagued by questions of financial mismanagement, which led to the audit request.
In her findings, Galloway discovered village leaders used more than $110,000 in restricted funds to balance the budget.
Galloway also found that there were no budgets prepared for the 2016 and 2017 fiscal years.
A 2018 budget wasn’t approved until the village was several weeks into the year and still contained errors.
"The financial condition of the Village of Ferrelview is concerning, and my report points to several changes that must be made by the Board of Trustees to get back on track," Galloway said Thursday in a news release. "Citizens should feel assured their tax dollars are being used responsibly and efficiently. That starts with a complete and accurate budget that incorporates long-term planning to meet crucial needs in the community."
Galloway’s complete report is available on the auditor’s website.