Read Article
LIVERMORE — The Livermore Board of Selectpersons met Monday night with the town’s auditors and lawyer to discuss the municipality’s financial issues, but no action was taken after more than an hour of executive sessions.
Prior to the closed-door sessions, Ron Smith and Ed Warren with RHR Smith & Co. of Buxton shared what they had found since Smith met with the board Nov. 23.
A four-page letter was sent to the board Dec. 11 detailing the firm’s findings and concerns.
Smith said certain municipal practices have led to some residents being overtaxed or undertaxed.
Related
“For the last three years, the Town of Livermore has made errors in its preparation of the certificate of assessment,” according to the letter. “In Fiscal Year 2018, the town overassessed … by $20,249. This error was the result of the ‘municipal appropriation figure’ of $1.48 million being $20,249 higher than what was approved at the annual town meeting.”