The city of Watkinsville on Wednesday heard a report from independent auditing firm Rushton about its findings for the fiscal year that ended in June. 

The audit report shows the same “significant deficiency” that has appeared in previous audits. The Oconee Enterprise goes to press at noon on Wednesdays, so we will report more next week on the meeting itself.  

The deficiency states, “City personnel may require additional training in the application of generally accepted accounting principals and the preparation of financial statements.” 

At present, the city of Watkinsville relies on external auditors for “technical assistance in applying generally accepted accounting principals and the preparation of the financial statements.” 

Former Mayor Bob Smith had suggested early in his term that the city manager hire certified public accountants part-time in order to have a clean bill of financial health.

According to the Rushton auditors, however, it’s common for governments of similar size to Watkinsville to employ a clerk with finance duties, rather than CPAs. 

Rushton’s recommendation is for city personnel to continue to receive training in accounting principles and the preparation of the city’s financial statements.

That was the only significant deficiency in this year’s audit report. 

For more on this story, see the Nov. 18 edition of The Oconee Enterprise, on sale now at convenience stores and grocery stores and newspaper boxes throughout Oconee County. To subscribe, call (706) 769-5175 or visit the tab on our website. 

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