JEFFERSON CITY, Mo. — Two recently-released audits give the Missouri State Treasurer’s Office an overall performance rating of “excellent.”
On Thursday, Missouri State Auditor Nicole Galloway released the closeout audit and the annual audit of the Treasurer’s Office.
“No findings resulted from this audit,” both audits stated.
The State Auditor’s Office performs closeout audits of statewide offices to assist in transitions and ensure that newly elected officials are aware of areas for improvement. Eric Schmitt resigned as treasurer to take up the mantle of attorney general at the beginning of January 2019. Scott Fitzpatrick was sworn in to fill the vacancy on January 14, 2019.
The State Treasurer’s Office is also audited annually, in accordance with state law. The annual report includes a summary of the office’s operating financial activity, cash and investment balances, and investment income. The Missouri Constitution establishes the state treasurer as custodian of all state funds and funds received from the U.S. government.
The complete annual audit report can be found here and the complete closeout report can be found here. Both received an overall performance rating of excellent. As with audits of the office issued since 2016, the reports had no findings.