Dumont Periodic Examination report shows correction

By: 
Ethan Stoetzer

8 findings were correct or partially corrected, while eight remain
     A Periodic Examination Report on the City of Dumont was released through the Iowa State Auditor’s office. The private examination by Faller, Kincheloe & Co, PLC conducted the examination as part of the Iowa Code for a follow up of an examination conducted in November 2014.
     In the initial report, 18 areas of improvement were found, that discredited the city’s fiduciary responsibility. The firm states that “fiduciary oversight” is defined by “watchful and responsible care” a governing body exercises in its fiduciary capacity.
     Since the follow up report, seven of the findings were corrected, and three were partially corrected. The remainder of eight are still left on the report.
    Read the full article in the December 21 edition of the Hampton Chronicle.

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