RELEASE: State Auditor Releases FY2014 Exceptions Report
JACKSON- Today, State Auditor Stacey Pickering announced the release of the Fiscal Year 2014 Audit Exception Report.
This report is a legally mandated account of all misappropriated or misspent public funds and the actions taken by the State Auditor’s Office for recovery and return of those funds to the appropriate entities for FY 2014.
An audit “exception” indicates that a violation of the law or an accounting error resulted in public funds being misappropriated or spent incorrectly. The term also refers to money that must be repaid.
“The Office of the State Auditor continues to serve as a watchdog organization to ensure that tax dollars are protected, and we pledge to perform our jobs with integrity, honesty and a commitment to excellence,” Pickering said. “We continue to protect the public’s trust through evaluations of accounting practices and aggressive investigations of alleged wrongdoing. We believe the taxpayers of Mississippi deserve no less.”
The total amount of funds recovered by the Office of the State Auditor for Fiscal Year ending June 30, 2014 was $1,517,376.61.
Since January 2008, over $20 million in misappropriated and embezzled funds has been recovered.