Audit shows irregularities in Yukon’s finances
The Associated Press and The Oklahoman - October 25, 2016 11:39 am
YUKON, Okla. (AP) – Auditors say several inaccuracies in Yukon’s finances appear to be intentional acts of deception by the former city manager.
The Oklahoman reports Yukon officials hired a firm to perform the audit after former city manager Grayson Bottom resigned in December and city staff discovered financial irregularities that left Yukon in a severe budget deficit.
The audit’s findings were presented to the City Council on Thursday. The report says Yukon’s financial balances declined by 44 percent from 2012 to 2015, and the City Council was never informed.
The council was told numerous cases were found in which funds were used outside of their restricted purpose. But the audit shows there’s no evidence of embezzlement or theft.
Bottom declined The Associated Press’ request for comment on the advice of his attorneys.
The current city manager says the findings have been referred to the proper authorities.