The Salem City Council heard Tuesday night that the firm conducting the yearly audit found no concerns.
Leslie Gregory of the CPA Firm Fick, Eggemeyer, and Williamson added the city was able to increase its funds $2.2-million in the fiscal year ending April 30th at a time many cities were struggling with COVID-19 issues. She also reported the city was in compliance with bonds, another problem area for some cities.
Gregory’s cited several deficiencies in internal control. They included the Bryan-Bennett Library’s records being kept separately without timely reviews by the city finance director and more control over the opening and closing of bank accounts. The City Council agreed to have any requests for future accounts or closures to be brought before them for review.
