Auditor finds Coffey city funds mismanaged

| July 12, 2018
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COFFEY, MO – The small Daviess County town of Coffey was mentioned by the Missouri Auditor in a recent report citing mismanagement of funds.

The audit, released Thursday from state auditor, Nicole Galloway, indicates a former city clerk failed to make deposits, and falsified financial reports. Galloway believes missing funds, amounting to over $60,000, was moved between various accounts in order to avoid detection. The problem was also compounded, according to Galloway, by lack of oversight by aldermen, and the mayor. Mary L. Browning, thought to be responsible for the financial loss, was terminated August of last year. Galloway also noted the missing funds have a particularly impactful effect on Coffey’s residents because of its small size. In a past census, it was deemed to be home to just under 200 residents.

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