Auditor of State Rob Sand today released an agreed-upon procedures report on the City of Blairstown, Iowa, for the period July 1, 2024 through June 30, 2025. The agreed-upon procedures engagement was performed pursuant to Chapter 11.6 of the Code of Iowa. 

AUDIT FINDINGS:

Sand reported seventeen findings related to the receipt and disbursement of taxpayer funds. They are found on pages 8 through 12 of this report. The findings address issues such as a lack of segregation of duties, the lack of utility reconciliations, disbursements exceeding budgeted amounts and a deficit fund balance. Sand provided the City with recommendations to address each of the findings.

The City Council has a fiduciary responsibility to provide oversight of the City’s operations and financial transactions. Oversight is typically defined as the “watchful and responsible care” a governing body exercises in its fiduciary capacity. 

A copy of the agreed-upon procedures report is available for review on the Auditor of State’s website at Audit Reports - Auditor of State.