Finding No. 2008-01: Internal accounting controls over financial reporting for the years 2007 and 2008 were inadequate resulting in inaccurate information being presented to users of the annual financial reports.
Finding No. 2008-02: Internal accounting controls over monitoring of cash and fund balance were inadequate resulting in negative cash balances in the Road and Bridge Fund and Jail Construction Fund of $445,098.72 and $320,149.52, respectively, and deficit fund balances of $42,353.32 and $320,149.52, respectively, at Decmeber 31, 2008.
Finding No. 2008-03: Deficiencies were noted regarding internal accounting controls and record keeping resulting in diminished assurance that transactions were properly executed and recorded and assets were properly safeguarded.
Finding No. 2008-04: The county auditor did not prepare, publish or file with the Auditor General of the Department of Legislative Audit on a timely basis annual financial reports for the years ended December 31, 2007 and December 31, 2008 in violation of South Dakota Codified Laws (SDCL) 7-10-4. [Those reports are due March 1; Roberts County filed its 2007 report on June 17, 2008. As of the release of this audit, Roberts County had not yet filed its 2008 report.]
Finding No. 2008-05: The County did not comply with state laws related to the County's budgeting procedures. [The auidt cites overdrafts in the General Fund and Road and Bridge Fund, unapproved excess spending on the county jail, $520K in unauthorized supplemental funding on the Public Safety budgets, and overestimated revenue resulting in deficit in the Road and Bridge fund.]
Words you really don't want to hear in an audit: violation and did not comply. And check out Finding #2: the accounting was off by $765,000. That's a lot of money floating around with no one accounting for it. That's a lot of room for monkey business.
The Auditor General reviews the Roberts County financial statements and finds that Roberts County's expenditures, disclosures, and cash flows "are not reasonably determinable."
The Auditor General concludes:
In our opinion... the financial statements referred to above do not present fairly, in conformity with accounting principles generally accepted in the United States of America, the financial position of Roberts County, South Dakota, as of December 31, 2008 and 2007, or the changes in its financial position or its cash flows, where applicable, for the years then ended.
Roberts County Auditor Dawn Sattler apparently has some explaining to do to her neighbors around Sisseton... and to Pierre.