Tennessee Comptroller of the Treasury Jason Mumpower is very pleased to announce that Cannon County has received a clean audit for the fiscal year ended June 30, 2022.
The annual audit report was released with no findings, which is remarkable given the county government’s financial troubles in the recent past. The Comptroller’s Office believes the county’s fiscal turnaround is largely credited to its decision to centralize the financial activities of the County Government, Highway Department, and School System under a single department.
The county began the centralization process in 2019 and its operations were fully centralized in October 2021.
Prior to this effort, Cannon County was closely monitored by the Comptroller’s Office for its spending and overall financial condition. In 2016, former Comptroller Justin P. Wilson described it as a “financial management crisis.”
Cannon County had four audit findings in 2016, five in 2017, and then one in each year from 2018 through 2021. This is the county’s first clean audit report.
“I am incredibly proud of the efforts made by Cannon County officials and the leadership of Finance Director Diane Hickman,” said Comptroller Jason Mumpower. “Cannon County is a perfect example of the positive effect of centralization when paired with an excellent financial leader. Centralization is a best practice that improves accountability and the quality of services provided to citizens. This is a major success story.”
To view all Tennessee audit reports, click here.
If you suspect fraud, waste, or abuse of public money in Tennessee, call the Comptroller’s toll-free hotline at 800.232.5454, or file a report online at: tncot.cc/fraud.