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Audit shows Perry in strong financial shape with good regulatory controls, processes
An audit of Perry City’s financial statements shows the city remains in a strong financial position and handles its books properly. David Rogers, an accountant with Davis and Bott, and Chuck Palmer, a CPA with Chuck Palmer & Associates, presented the city’s financial position and audit findings for the year ending June 30, 2024, at Thursday’s city council meeting, highlighting Perry City’s strong financial health and compliance. Rogers began by reviewing the city’s financial statements, noting a significant increase in the city’s net position, which is its assets minus liabilities. “Your unrestricted fund balance is .6 million. So that’s the...
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By Box Elder News JournalAn audit of Perry City’s financial statements shows the city remains in a strong financial position and handles its books properly. David Rogers, an accountant with Davis and Bott, and Chuck Palmer, a CPA with Chuck Palmer & Associates, presented the city’s financial position and audit findings for the year ending June 30, 2024, at Thursday’s city council meeting, highlighting Perry City’s strong financial health and compliance. Rogers began by reviewing the city’s financial statements, noting a significant increase in the city’s net position, which is its assets minus liabilities. “Your unrestricted fund balance is .6 million. So that’s the...
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