Audit is in for County Clerk

Knox County Clerk Mike Corey has much to celebrate this week. As his duties overseeing the election wrap up this week, Corey and his staff received the findings of the office’s 2023 financial statement audit from State Auditor Allison Ball.

State law requires the State Auditor to conduct annual audits of county clerks and sheriffs.

According to the release from Ball, auditing standards require the auditor’s letter to communicate whether the financial statement presents fairly the receipts, disbursements, and excess fees of the Knox County Clerk in accordance with accounting principles generally accepted in the United States of America. The clerk’s financial statement did not follow this format. However, the clerk’s financial statement is fairly presented in conformity with the regulatory basis of accounting, which is an acceptable reporting methodology, which is followed for all 120 clerk audits in Kentucky.

“No instances of noncompliance” were noted by Ball, additionally indicating there were no matters involving internal control over financial reporting and its operation that were considered to be material weaknesses.

“I’d like to thank the wonderful staff that I have,” said County Clerk Mike Corey. “They do a great job in protecting the integrity of Knox County taxpayers’ money.”

The county clerk’s responsibilities include collecting certain taxes, issuing licenses, maintaining county records and providing other services. The clerk’s office is funded through statutory fees collected in conjunction with these duties. The audit report can be found on the auditor’s website and at mountainadvocate.com.

https://drive.google.com/file/d/1UUVVYzNjWFPAgiLRBBxKFO17k1p_VH_L/view