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Published July 14, 2009 10:31 am - The Horse Cave City Council voted Monday night to hire a new certified public accounting firm to audit the city’s 2007-08 financial records, even though the city has yet to pay its former auditor. City hires new auditor, previous one still unpaid By GINA KINSLOW Glasgow Daily Times HORSE CAVE — The Horse Cave City Council voted Monday night to hire a new certified public accounting firm to audit the city’s 2007-08 financial records, even though the city has yet to pay its former auditor.
The council realized the former auditor, David Gilbert with Gilbert and Gilbert of Glasgow, had not been paid when it reviewed the city’s monthly financial report. Gilbert submitted a bill for $35,362.25 — three times the amount Gilbert normally charges to conduct an audit of the city’s financial records — for auditing Horse Cave’s 2006-07 financial records. The audit was submitted to the council for approval in May. Martin refused to sign the management representation letter because a portion of the information included in the audit report relates to city business that transpired during his predecessor, JoAnne Smith’s, term in office. Martin signed the letter on March 31, which enabled Gilbert to proceed with presenting the audit report to the council even though the audit report had been completed since January 2008. The council failed to comply with state law when the audit report was not completed by Feb. 1, 2008. Martin said in May that Gilbert could have presented the audit report without his signature on the management representation letter and that had he done so the city would not have such a high bill. City Clerk Ann Matera noted during Monday night’s meeting that a check to Gilbert and Gilbert had not been mailed. “Is there any reason why it hasn’t been mailed?” asked councilwoman Sue Nunn. Councilman Randall Curry pointed out that the council had already voted to pay the bill. “We need to go ahead and get that behind us,” he said. Councilwoman Vickie Rogers asked if the city would be charged an additional fee if the bill isn’t paid within a certain length of time. Matera replied that the city would have to pay a finance charge of $533 each month that the bill isn’t paid. The check has not been mailed because Martin has yet to sign the check. Nunn asked Martin why the check hasn’t been signed. “I haven’t seen the check,” Martin said. 
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