The Indiana State Board of Accounts completed its annual audit of the City of Kokomo and its Wastewater Utility. Their preliminary report indicates a favorable assessment with “no findings,” meaning that the auditors found no discrepancies in the City or Wastewater Utility’s financial records and is in compliance with laws and regulations. This is the sixth consecutive year for which the City of Kokomo has received a state audit with no findings.
Through a detailed audit, the Indiana State Board of Accounts assessed the City of Kokomo’s accounting principles, compliance with state laws and evaluated the overall financial status of the City. Read More