TOWN OF EASTON, MARYLAND

Audit Outbrief

 

February 22, 2005

 

PRESENT

 

Mayor Robert C. Willey                                               Councilmember Scott R. Jensen

Council President John F. Ford                         Councilmember Leonard E. Wendowski, Sr.

Councilmember Maureen Scott-Taylor                          Councilmember Moonyene S. Jackson-Amis

 

IN ATTENDANCE

 

Town Clerk Robert F. Karge and Ms. Carol Callahan, Controller for the Town of Easton were also present.

 

CONVENING

 

The Mayor and Council met in a Special Audit Outbrief Session at 6:30 p.m. in Council Chambers. Council President John Ford called the meeting to order.

 

AUDIT PRESENTATION

 

Mr. Robert Karge, Town Clerk presented the audited financial statements and reviewed financial highlights. The Town Clerk recommended that we adjust the Contingency Account in upcoming budgets and implement a Fund Balance Policy. The Town received a clean audit opinion with no management letter from Beatty Satchell LLC.

 

ADJOURNMENT

 

There being no further business, the President of the Council adjourned the audit presentation meeting at 6:44 p.m.

 

 

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Town Clerk