State auditor general says he's ordered closer look at Munhall pensions
State Auditor General Eugene DePasquale announced on Thursday that he has ordered audits of two municipal pension plans in Munhall in light of the embattled borough's financial troubles.
Audits performed by the auditor general in 2010, 2011 and 2012 found that the borough failed to make almost $200,000 in required payments to the police pension fund, and that officials mismanaged the municipal pension plans.
“My concern for Munhall borough employees who will be counting on their pension some day and for local taxpayers is heightened by recent revelations that the borough struggled to secure a loan to pay for basic municipal services,” DePasquale said in a statement.
“Residents and employees deserve answers about the borough's financial picture and we can provide answers in matters related to the two pension plans.”
Munhall was unsuccessful in securing a tax anticipation note loan from a dozen banks because its audits from 2011 and 2012 are missing. Borough officials were planning to temporarily lay off 10 police officers and six public works employees to compensate for what interim borough manager Harry Faulk said would have been a negative-$300,000 balance at the end of March.
But council announced on Thursday that a private group lent the borough $500,000 to help it stay afloat until property taxes begin to roll in.
The missing audits led to Munhall losing approximately $350,000 over two years in county Regional Asset District money.
DePasquale said he wants to make sure the borough doesn't miss more mandatory payments to the police pension fund, or understate the payroll of non-uniformed pension plan members. Those problems were discovered during the previous audits.
“The (upcoming) audits will determine if municipal officials took appropriate corrective action to address the findings contained in prior audit reports,” DePasquale said, “and if the pension plans were administered in compliance with applicable state laws, regulations, contracts, administrative procedures, local ordinances and policies.”
Tim Karan is a staff writer for Trib Total Media. He can be reached at 412-664-9161 ext. 1970, or firstname.lastname@example.org.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Mon Valley bridges moved up to rapid replacement list
- Elizabeth Township hires manager, assistant
- McKeesport crash sends motorcyclist to hospital
- McKeesport educator honored by nomination for Athena Award
- McKeesport car chase suspects returned to jail
- New investment booming in N. Versailles
- ‘Porky’ of Operation Pork Chop case to enter plea
- Lincoln landslide remediation project under way
- McKeesport park to get more regional asset funds
- Tour showcases Great Allegheny Passage, raises funds for Mon Yough chamber
- Steel Valley revamps website