The lack of a clean audit report could affect the town’s ability to borrow money from lenders and could cause townspeople to question the reliability of the town’s financial reporting, as well as Selectboard decisions based on those records, , Town Treasurer Lindberg explained.
NORWICH An independent audit of town financial records last fiscal year identified a list of concerns with account management, including unreconciled discrepancies, incorrect account balances and town expenditures made without written consent of the.
NORWICH As time dwindles to finalize a municipal budget proposal, Selectboard members finds themselves with a dilemma whether to present voters with a costlier budget than they’d planned or to scramble for roughly $200,000 in cuts.The Selectboard.