Financial audit of Denton parks, parks foundation nearing completion | Denton

The City Council pledged to finish the investigation and ordered a forensic audit in November. A forensic audit reviews financial records to make sure they are lawful and accurate. The council hired Julia Gannaway, with the Fort Worth law firm Lynn, Ross & Gannaway, and a national accounting firm, BKD, to review the financial documents and make a report directly to the council.

Together, the two contracts were expected to cost $50,000. Gannaway told the City Council on Tuesday night the original estimate did not include expenses.

“We went through 250,000 lines of data,” Gannaway said.

The original contract price also assumed that all the parties would cooperate with the investigation, which did not happen, Gannaway said.

Some parks foundation officials retained attorneys, Gannaway said, which increased the costs.

One of those officials was foundation treasurer Simone Royster, according to documents obtained by the Denton Record-Chronicle.

Denton County Commissioner Hugh Coleman, who is a practicing attorney, represented Royster, who is a certified professional accountant.

In a Dec. 12 email to Gannaway, Coleman said Royster had an “excellent/impeccable reputation…

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