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.

 

Latest Stories

Wrestler Kyle Snyder looks to become fourth American to win two Olympic gold medals

By CLIFF BRUNT AP Sports Writer (AP) — Kyle Snyder already has one of the best...

Judge’s order expands where Biden can’t enforce a new rule protecting LGBTQ+ students

By JOHN HANNA Associated Press TOPEKA, Kan. (AP) — Enforcement of a federal rule expanding anti-discrimination...

Biden heads into a make-or-break stretch for his imperiled presidential campaign

WASHINGTON (AP) — President Joe Biden on Thursday opened a critical stretch in his effort to salvage his imperiled reelection campaign, facing...