Sterlington Audit Finds Possible Violations Of State Law

Nov 20, 2019

A new audit of the Town of Sterlington has found some irregularities that may violate state law. 

The town overestimated revenue projections used by financial institutions that provided bonds according to the audit.

The audit says that over $3 million from bonds were improperly used on purposes other than what the bonds were authorized to be used for. 

A third finding says the light and water system for the sports complex was not publicly bid.

The town will not generate enough revenue to pay back the lease purchase agreement.

None of the current administration or staff was involved in the findings of the audit.