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Milford finance director discloses $8,500 annual fee for auditors to prepare FY24–25 financial statements
5082693 · April 28, 2025
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Summary
Finance director Kevin Gaborio told the committee auditors will prepare Milford’s FY24 and FY25 financial statements for $8,500 per year to speed turnaround; no council action was required.
Kevin Gaborio, Milford finance director, told the Finance and Audit Committee that auditors will prepare the city’s FY24 and FY25 financial statements for $8,500 per year under a service arrangement intended to speed audit turnaround.
"I asked for a quote and they quoted us $8,500 per year which is a very reasonable figure," Gaborio told the committee,…
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