Panama City Commission to spend $1750,000 on forensic audit
Panama City commissioners on Tuesday approved to spend $175,000 on a forensic audit for the city's fiscal and operational systems.
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Panama City commissioners on Tuesday approved to spend $175,000 on a forensic audit for the city's fiscal and operational systems.
Panama City commissioners approved and agreement with Warren Averett CPAs and Advisors to perform a forensic audit sparked by Michael Johnson.
To correct issues created by Michael Johnson, officials transferred $455,000 from the city's general fund to its community redevelopment fund.
Michael Johnson, the former community development director of Panama City , now faces new charges in addition to grand theft over $100,000.
Panama City will soon begin accepting bids from firms to perform a forensic audit into the city's fiscal and operation systems.