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You are here: Home / News / Local News / Independent Audit of 2013 City Finances Reveals No Significant Deficincies

Independent Audit of 2013 City Finances Reveals No Significant Deficincies

August 19, 2014 By WRFA Radio Leave a Comment

JAMESTOWN 5.25x5.25 logoJAMESTOWN – The city of Jamestown’s 2013 finances have received a clean bill of health from an independent auditor.

Local accountant John Trussalo, CPA presented the Jamestown city council Monday night with his review of the 2013 numbers, saying there were no significant deficincies and adding that it was as clean of an audit as the city could possibly have.

In his management letter to the city, Trussalo said that the biggest area of concern facing the city in future years is that it is approaching its constitutional tax limit, which is currently at 93.83. That means the city can only increase the tax levy by about $890,000.

  • REVIEW TRUSSALO MANAGEMENT LETTER
  • COPY OF AUDIT AVAILABLE BY REQUEST IN CITY CLERK’S OFFICE

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Filed Under: Local News Tagged With: 2013 City Budget, Jamestown City Council, John Trussalo

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