2017 State auditor report for Toledo released - News, Weather, Sports, Toledo, OH

2017 State auditor report for Toledo released

(Source: WTOL) (Source: WTOL)
TOLEDO, OH (WTOL) -

The City of Toledo got it's 2017 report from the Auditor of State's office on Thursday.

Not every city has their finances looked at by the State Auditor, but after a few issues last year, including the misplaced $8.2 million, an in-depth analysis was brought on.

Six different issues were found. The Mayor said they welcome this scrutiny.

Kapszukiewicz said this is why he wanted to run for office, get the finances in order. It's important to note this encompasses all of 2017, ending two days before he took office.

Issues included:

  • Reporting of expenditures related to federal grants
  • What city employees can make changes to the financial software were cited, x2
  • The deadline in which certain part of the financial report were submitted
  • Bank reconciliations
  • Capital assets

The Mayor said he knew he what he was walking into, and believes they will have everything sorted out by the time the 2018 report comes out.

"I think we've demonstrated in a relatively short amount of time that we know our way around the budget, we know our way around city finances, and we have an excellent relationship with city council, we've done this together. Whatever problems existed, I think we've done a pretty good job of fixing them in the first 6 months or so in office," said Kapszukiewicz.

The Mayor's office still has not named a new finance director.

Kapszukiewicz said they are interviewing candidates and should have an announcement in a couple weeks.

Copyright 2017 WTOL. All rights reserved.

  • Headlines from Lucas, Wood, Ottawa, Fulton & Monroe CountiesNewsMore>>

  • Pizza Palooza kick off in Sylvania this weekend

    Pizza Palooza kick off in Sylvania this weekend

    Friday, July 20 2018 9:56 PM EDT2018-07-21 01:56:42 GMT
    (The event also brings a little friendly competition. There were seven different pizza vendors showcasing recipes, hoping to win the prize for best pizza place.)(The event also brings a little friendly competition. There were seven different pizza vendors showcasing recipes, hoping to win the prize for best pizza place.)
    (The event also brings a little friendly competition. There were seven different pizza vendors showcasing recipes, hoping to win the prize for best pizza place.)(The event also brings a little friendly competition. There were seven different pizza vendors showcasing recipes, hoping to win the prize for best pizza place.)

    Live music, family friendly activities, and of course, eating pizza, are just a few things you'll find at this delicious event.

    More >>

    Live music, family friendly activities, and of course, eating pizza, are just a few things you'll find at this delicious event.

    More >>
  • Workforce development order from Trump adds local work opportunities

    Workforce development order from Trump adds local work opportunities

    Friday, July 20 2018 9:44 PM EDT2018-07-21 01:44:45 GMT
    (source: WTOL)(source: WTOL)
    (source: WTOL)(source: WTOL)

    The United Brotherhood of Carpenters presented to the president a plan to hire 50,000 carpenters nationwide over the next five years.

    More >>

    The United Brotherhood of Carpenters presented to the president a plan to hire 50,000 carpenters nationwide over the next five years.

    More >>
  • Area residents frustrated after Sylvania Township refuses TARTA expansion proposal

    Area residents frustrated after Sylvania Township refuses TARTA expansion proposal

    Friday, July 20 2018 9:14 PM EDT2018-07-21 01:14:31 GMT
    (Source: WTOL)(Source: WTOL)
    (Source: WTOL)(Source: WTOL)

    Some Toledo residents said they wish they were given the opportunity to vote on how their transit system is funded and hope they will be given that opportunity in the future. 

    More >>

    Some Toledo residents said they wish they were given the opportunity to vote on how their transit system is funded and hope they will be given that opportunity in the future. 

    More >>
Powered by Frankly