TOWN OF EASTON, MARYLAND
Audit Outbrief
February 20, 2007
Council President John F. Ford
Councilmember Leonard E. Wendowski, Sr.
Councilmember Moonyene S. Jackson-Amis
Town Manager Mr. Robert F. Karge, Ms. Carol Callahan, Town of Easton Finance Officer, Mr. Tom Heseltine, CPA, Clifton Gunderson LLP and Town Clerk Mrs. Kathy Ruf.
The Mayor and Council met in a Special Audit Outbrief Session at 6:00 p.m. in Council Chambers. Council President John Ford called the meeting to order.
AUDIT PRESENTATION
Mr. Tom Heseltine of Clifton Gunderson LLP presented the audited financial statements and reviewed financial highlights. He stated that they had performed a single audit and submitted a clean audit opinion. Mr. Heseltine stated that they did not identify any problems in the accounting records.
Ms. Van Emburgh arrived at 6:08 p.m.
Mr. Heseltine stated that there were no significant audit adjustments. He reported that the staff had been very cooperative and open to suggestions.
The comments on the management letter referred to segregation of duties.
Ms. Scott-Taylor arrived at 6:12 p.m.
Mr. Heseltine stated that the Town faces a challenge with the request for an increase of services and a decrease in revenue.
Mr. Heseltine discussed the new auditing standards and the deadlines.
ADJOURNMENT
There being no further business, the President of the Council adjourned the audit presentation meeting at 6:34 p.m.
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Kathy M. Ruf, Town Clerk