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Council committees report: clean audit, consolidated-plan review and AHFC bond-counsel retention
Summary
Committee chairs told the council the city’s financial audit drew an unmodified opinion, the community‑development committee continued review of the consolidated plan and the Housing Finance Committee approved retention of Chapman and Cutler as bond counsel and discussed a 279‑unit affordable development proposal.
Committee chairs gave the council a brief roundup of recent committee activity, reporting an unmodified audit opinion, continued review of HUD funding priorities and a Housing Finance Committee action to retain bond counsel.
Council Member Hunter, reporting for the Finance & Audit Committee, said the city’s annual financial statements received an unmodified (clean) opinion from auditors and no audit adjustments were required. Hunter said the city is considered a low‑risk auditee and that the single-audit review covered five major programs (three federal, two state) with no findings reported.
Council Member…
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