5 days ago Share The city’s overall financial condition assessment was inconclusive, which is an average score, according to auditor James Moore & Company.
Palm Coast’s overall financial condition assessment, which measures the city across 25 different metrics, came out as “inconclusive” this year, according to the city’s auditor, James Moore & Company.
That’s not necessarily a bad thing, said Webb Shephard, CPA and a director at James Moore & Co., during a March 16 City Council workshop.
“Inconclusive really just means average,” Shephard said.
The three scoring options for that report, he said, are “favorable,” “inconclusive” or “unfavorable.”
Palm Coast is in compliance with financial regulations, he said.