Article: Boone County, Mo., tweaks its financial reports to please bondholders.

By Miglena Sternadori, Columbia Daily Tribune, Mo. Knight Ridder/Tribune Business News

Jul. 26--Boone County is adopting new accounting standards that officials say will make monitoring the financial health of the county easier for the general public and holders of county-issued bonds.

The changes are intended to make the county's financial statements look more like those of a private business.

For instance, the budget model used so far would have shown the county investment in the recently finished health facility on Worley Street only as a one-time capital expenditure.

Boone County Auditor June Pitchford said she is working to ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!