Floyd County Board of Supervisors Regular Meeting 07/28/2026

The Floyd County Board of Supervisors held a regular meeting on July 28, 2026, which included a detailed presentation of the county's financial audit by an external auditor. The auditor reported an unmodified opinion on the financial statements, indicating a clean audit, but highlighted several material weaknesses in internal controls, particularly concerning the segregation of duties in the treasurer's office and the use of multiple accounting systems across county departments. Recommendations were made to improve reconciliation processes and consider consolidating accounting systems to enhance efficiency and audit quality. The board approved the monthly disbursements and a resolution related to personal property tax relief. Additionally, discussions touched on the management of capital projects, grant spending, and the upcoming school capital improvement referendum funded by a potential 1% sales tax. The meeting also included updates on election equipment procurement and public comments on tax issues. No new contracts or procurement awards were reported, but the audit findings and tax relief resolution have implications for future financial management and procurement planning in the county.