This report contained three sections-a summary of fiscal conditions, detailed financial statements and comments on the balance sheet along with the accountant’s report, and an operational review of certain departmental functions and a committee appraisal of them. The first section also included a short narrative of the financial highlights in 1974 with a brief evaluation of the general performance of the agency.
The PEER Committee found continuity and stability in management within the ABC Division and excellent record keeping in the accounting department. The bailment warehouse, a commercial warehouse authorized by the State Tax Commission to store liquor for the supplier, was operated satisfactorily. The purchasing and warehousing functions were performed efficiently also. In the area of enforcement, ABC agents generally had succeeded in reducing bootlegging considerably. Finally, PEER auditors found that the Permit Section was operated efficiently.
For a paper copy of this report, contact PEER by telephone at 601-359-1226 or by e-mail at reports@peer.ms.gov.