State Auditor Nicole Galloway this week released her follow up review of New Madrid County. The review was the result of a report issued in December 2020 of a regularly scheduled audit of the county that resulted in a poor rating –the lowest possible. The most significant finding from that audit was that monthly reports and state payroll tax withholdings totaling $382,047 were not received by the state for more than five years, resulting in more than $50,000 in interest costs to the county.
The follow-up review determined the county has corrected the payroll tax problem, improved procedures to help prevent it from happening in the future and has begun implementation of other recommendations in the 2020 audit.