Yost Places Mt. Sterling Under Fiscal Emergency Status

State Auditor David Yost has placed the village of Mount Sterling under fiscal emergency status after two former employees were charged with theft in office. Yost says the village has budget deficits of more than 610 thousand dollars. The village must develop a plan to eliminate the deficit. In April, former mayor Charles Neff was indicted on theft and other charges, along with administrative assistant and utilities clerk Bonnie Liff. Former village administrator Joseph Johnson is serving a ten year prison sentence for stealing from the village.