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Entries in Stevensville audit (1)

Saturday
Nov262011

Stevensville scrambles to balance its books

(STEVENSVILLE)- Stevensville leaders are frantically shopping, not because of Black Friday, but because they need to find a new auditor to review the town's books, an audit which is nearly 6-months overdue.

The Bitterroot Star reports the town's contracted auditor, Terry Burke, was supposed to have wrapped reviewing Stevensville's financial information for the 2009-2010 fiscal year this past June. But the town finally got word from the state earlier this month that Burke was canceling his contract because he couldn't finish his work in time. 

The development throws a financial monkey wrench at the city, which is in need to up-to-date accounting not only for its own purposes, but to satisfy several major grant and loan programs being used for special projects right now. 

Read more on the story from the Bitterroot Star.