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Friday, April 24, 2009

Auditors swoop down upon the Lexington Public Library

Citing an anonymous tip, auditors showed up at the Lexington Public Library to examine documents. Recently audits at the Lexington Bluegrass Airport showed excesses by leaders of about $500,000 in personal expenditures. The mayor of Lexington has pledged to make sure other agencies receiving city monies are in compliance. The Lexington Herald-Leader reported on the audit today, and it has been working on a story about the library finances for some time. Check out a message from the library director. They are cooperating fully. I'm hoping this is all a formality; I don't think there is any clear indication of misappropriation of funds at the library (although it's not like I work there, so I have no direct knowledge). I am interested in the outcome. Certainly audits are a good way to make sure monies are spent appropriately, and an unannounced audit makes sense. But it did rather throw things into a tizzy.

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