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Committee recommends compilation audit for dissolved Recreation District No. 7 funds
Summary
The finance committee reviewed a Capital One account for Recreation District No. 7 with a balance of $130,290.55 and recommended sending a proposal to the full council to commission a compilation of past records (estimated at about $3,000) paid from the account; the motion to send the recommendation to council carried.
Finance staff and committee members discussed funds held in a Capital One account for Recreation District No. 7 and voted to send a recommendation to the parish council to commission a compilation review of district records.
Finance staff reported that the Capital One account balance for the previously dissolved Recreation District No. 7 was $130,290.55 as of Jan. 31. Staff said the district had been formed originally as Recreation District 5 (later reorganized into District 5 South and District…
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