PER-2026-0341
Columbus County – Sources and Uses and Key Financial Observations
Columbus County – Sources and Uses and Key Financial Observations
The Office of the State Auditor released a performance audit of Columbus County's financial position and key financial indicators. The audit found that the County's FY 2024 financial statement audit was filed late, the FY 2025 audit was not complete at the time of the review and repeat material weaknesses in internal controls remained unresolved. The audit also identified declining available General Fund balance and declining property values that could reduce future property tax revenues. The report recommends that County officials strengthen audit readiness and corrective actions, restore available fund balance, improve budget reporting, develop a hiring and succession plan for key financial management positions, and utilize Local Government Commission resources. Columbus County agreed with the audit findings and recommendations. A formal response is included in the report.