Grants drive up audit cost
November 28, 2019
The law requires Casey Peterson and Associates, Moorcroft’s auditors, to conduct a full financial examination this year because $750,000 of the project funding the town received during the last fiscal year was federally based, explained representative Deidre Budahl at Monday night’s council meeting.
“We weren’t originally planning to do that, we were doing a review,” she said.
This full audit will cost the town between $12,000 and $18,000 according to prices quoted in previous years. However, due to Clerk/Treasurer Cheryl Schneider’s attention to this possibility, $20,000 has...