Lake Ozark Could Get Audited

1 decade 2 years 10 months ago Saturday, February 25 2006 Feb 25, 2006 Saturday, February 25, 2006 7:12:58 PM CST February 25, 2006 in News

Susan Drummond and a group of residents believe the books need a second look.

"I'm not against Vision 20. It will be good for the city in time but we don't have the money right now and we can't keep robbing Peter to pay Paul," Drummond said.

The plan includes refinance bonds, changing transportation districts and setting aside funds for economic development.

Mayor Paul Sale believes the plan will get the city on track for a prosperous future.

"It gives us that go head drive, that lets us go out and do this. Lets get our road built, get a new interchange, get some money in here for our transportation department and get our roads fixed," Sale said.

Drummond says she's seen the books and believes the city needs a state audit. She has 200 of the 324 signatures it will take to make the audit a reality.

"We couldn't afford the payments on the loans that we had so we refinanced. Now they're wanting this new loan to do Vision 20 when we can't afford the payments on the old loan," she said.

An audit is expensive, but it's a cost Drummond says is worth it to make sure Lake Ozark is financially stable. Drummond says a state audit would find mismanaged funds.

The mayor disagrees. He says the audit wouldn't find anything wrong and would cost the town about $14,000.

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