The Town of Jonesboro has received the Louisiana Legislator’s Auditors Report for the year 2022 where an unmodified opinion was given on whether the financial statements of the Town of Jonesboro were prepared in accordance with GAAP. 

An unmodified opinion means the auditor concludes that the financial statements are presented fairly, in all material respects, in accordance with the applicable financial reporting framework.

There were eleven material weaknesses disclosed and four instances of noncompliance material to the financial statements but no management letter was issued. 

This was because the LLA stated the following should be considered when reading the findings:

1. It should be noted that the audit period began July 1. 2021, and ended June 30, 2022.
2. The contracted accountant withdrew their services as of March 2022 due to alleged actions of Mayor Leslie Thompson.
3. The report was due to the Louisiana Legislative Auditor on December 31, 2022.
4. Mayor Leslie Thompson’s term ended December 31, 2022.
5. Mayor James “Spike” Harris’ term began January 2023.
6. The majority of the audit data requested by the auditor was provided to the auditor after December 31, 2022.

For the full 114 page report filed by Louisiana Legislative Auditor click here.