Alabama ABC has ‘amazing’ audit, $12.6 million of state items all accounted for

ABC Audit
State Auditor Jim Zeigler presents a Certificate of Perfect Audit to ABC Executive Director Mac Gipson and Property Manager Kenneth Osborne. [Photo courtesy of Jim Zeigler]
Alabama State Auditor Jim Zeigler has completed his two-year property audit of the Alcoholic Beverage Control (ABC) Board with perfect results. The ABC had 4,028 items of state-owned property valued at $12.6 million, all of which were accounted for.
“If this were not my office doing the inventory, I would almost be incredulous,” Zeigler joked. “It is simply amazing that all four thousand items under the care of ABC were present and accounted for.”

Zeigler continued, If every agency did a perfect job with their property inventory, my job would be a lot easier. In fact, it every agency did this well, somebody would want to abolish my office.”

The State Auditor is responsible for property inventory of each item of state property valued at $500 or more. There are 176 state agencies which the state auditor inventories every two years.

“You are looking at $30 million of booze,” explained Zeigler. “They have strict inventory controls, which is an absolute necessity in dealing with alcohol. [Photo courtesy of Jim Zeigler]