An independent audit of Titusville's finances has revealed more than $1 million in mismanaged taxpayer funds over a four-year period. The review, conducted by the accounting firm Haines & Korr LLP, found discrepancies in spending by the city's Public Works and Parks & Recreation departments between 2019 and 2023. City officials confirmed the findings during a public meeting last week, though they emphasized the issues are being addressed through an ongoing investigation.
The audit identified $250,000 in unapproved expenses and $750,000 in unaccounted funds tied to infrastructure projects and maintenance contracts. Specific examples included duplicate payments for streetlight repairs and missing documentation for park renovations. The report also noted a lack of proper oversight in procurement processes, with some vendors not being competitively bid.
Titusville Mayor Jon Kozlowski said the city is working closely with auditors to resolve the issues. "We take these findings seriously," he told residents at the meeting. "Corrective actions are already underway, including a review of all financial controls." The city attorney's office is examining whether any city employees violated ethics or conflict-of-interest laws.
The audit, which took three months to complete, was requested by the city council in January 2024. It recommends immediate changes to budgeting practices, including mandatory monthly financial reviews and additional staff training. Council members voted unanimously to accept the findings and begin implementing reforms.
Residents have mixed reactions. Some called for stricter penalties, while others expressed concern about the impact on city services. "It's frustrating to see taxpayer money wasted," said longtime resident Maria Lopez. "But we need to make sure this doesn't happen again." The city plans to release a detailed action plan by mid-June.