A joint public meeting with the Memphis City Council and the Shelby County Commission at Beale Street Landing. The agenda included talking about suspended driver’s licenses and sustainable prekindergarten legislation among other topics.
Brad Vest/The Commercial Appeal
A person handing over cash.(Photo: Getty Images)
The city of Memphis’ petty cash program is missing $17,144 and should be immediately terminated and rebuilt with new safeguards against fraud, according to an internal audit.
The petty cash funds at 72 percent of the city’s 53 service centers contained a total of $19,025 but should have contained $36,169, according to the audit released March 20.
Restructuring of service centers likely accounts for the discrepancies with 21 funds missing $11,367, auditors found….
