Sherricka Jones, Shreveport's Chief Administrative Officer, responded officially Wednesday to a review of the city's 2018 (the last year of the Ollie Tyler administration) finances by the State Legislative Auditor. The audit, already seen by Shreveport's city council members, was termed "not good" by Councilman Grayson Boucher and "very concerning" by Councilman John Nickelson.
“The administration is committed to establishing best practices and maintaining adequate financial controls. This audit covers the 2018 year, and the new administration views it as an opportunity to optimize Shreveport's financial operations. Staff spent hours working with the external auditors to clarify city procedures and better understand the auditor's recommendations.
The City has taken action on each audit finding. Each finding has either been resolved or tighter controls are currently being implemented. The Governmental Finance Officers Association will be working with our finance department in-house over the coming months. The GFOA is the gold standard for governmental finance. They will further assist the finance department with reassessing their policies and procedures. The administration takes this matter seriously and has been extremely proactive addressing concerns.” —Sherricka Jones, CAO