Community Interests

Audit Financial Deficiencies: Have they been corrected?

The Audit of City Finances Dated June 30,  2015

Plante & Moran on November 17, 2015 had completed their Annual audit of City Financial Statements and issued their report to the Council. In completing the financial statements audit of the City of Wixom, Plante & Moran identified certain deficiencies in internal control that were considered to be material weaknesses.

“A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected, on a timely basis.”

For a previous read: Budget Deficiencies Noted: Plante & Moran was previously published and it is now asked have these deficiencies been eliminated? If not, why not?

It would be appropriate for the City Manager to report the status of these deficiencies. Did the City Manager and Finance Director eliminate the noted Plante and Moran deficiencies?

As the City Administration is now reviewing the proposed new annual  budget and managing the day to day transactions of the public’s finances, it is imperative to understand  how these deficiencies were corrected; or if they have been corrected.

Remember the word Transparency…it is simply letting the public know that the City Manager has corrected the deficiencies. Council should ask for a report and publish that report.


Use this link to access the report.

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