Electric Dept Audit Exposed | St. Louis News

Kirkwood’s City Council is launching a forensic audit to uncover if criminal activity fueled a $15.6 million electric department deficit — a shocking overspend that blindsided residents and triggered a 15% rate hike. The audit, potentially costing $300K and taking a year or more, will dig into credit card records, purchase orders, and compliance failures from the last 20 months of the former director’s tenure. While an “After Action Report” listed 10 accounting flaws without naming culprits, council members debated whether to bring in the State Auditor or hire an independent firm first — with trust and accountability at the heart of the debate. The fallout has already damaged the city’s credit rating, with Moody’s downgrading it twice this year. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b4226fb5f0a57d0a