CONWAY GETS POSITIVE AUDIT REPORT

by Christian Mower on July 25, 2012

CONWAY TOWN MANAGER EARL SIRES SAYS AUDITORS OF THE TOWN’S FINANCES HAVE GIVEN THE TOWN AN “UNQUALIFIED OPINION” – MEANING THEY HAVE FOUND THE TOWN’S FINANCIAL CONTROLS AND EXPENDITURES TO BE IN LINE WITH GENERALLY ACCEPTED ACCOUNTING METHODS, WITHOUT ANY NEGATIVE FINDINGS.

SELECTMEN WERE BRIEFED ON THE RESULTS OF THE AUDIT TUESDAY AT THEIR REGULARLY SCHEDULED MEETING BY GREG COLBY OF PLODZIK AND SANDERSON, A CONCORD AUDITING FIRM, WHO DESCRIBED THE TOWN’S FINANCIAL POSITION AS VERY POSITIVE.

SIRES SAYS AUDITORS SPENT SEVERAL DAYS IN MARCH REVIEWING CONWAY’S FINANCIAL RECORDS, INCLUDING THE TOWN’S ADMINISTRATION OF THE GENERAL FUND OF MORE THAN $10 MILLION.

SIRES CREDITS HIS FINANCE DIRECTOR LUCY PHILBRICK AND HER BOOKKEEPER, LAURIE ROODE, WITH THEIR GOOD WORK IN KEEPING THE TOWN’S FINANCIAL AFFAIRS IN ORDER.

SIRES SAYS IN HIS 12 YEARS AS TOWN MANAGER, THE TOWN HAS TYPICALLY PASSED THE AUDIT WITHOUT ANY MAJOR DISCREPANCIES.