Marion budget mixup violated cash-basis law

Marion may have violated Kansas’ cash-basis law by publishing a quarterly financial statement that showed negative cash balances in two funds. The Penalties for violating the statute include a finding of malfeasance, which can result in the removal from office of officials who knowingly allow cash balances to go negative. A fine of up to $1,000 also would be possible. [THIS IS ONLY PART OF THE STORY. FULL STORY at http://marionrecord.com]

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