The City of Allen, in recent weeks, has been in the process of going through the townâs audit which was completed by Richard Paulmann CPA.
A special called meeting took place on June 29, during which Paulmann discussed his findings in the audit, while highlighting next steps that must happen for the city to be in compliance.
According to a state law, the City of Allen must perform financial audits every odd-numbered fiscal year, which the city failed to do. Prior to Paulmannâs findings, State Auditor Mike Harmonâs office stated the last audit was conducted in January 2010 for the 2008 fiscal year.