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Frostburg council reviews completed audit, discusses remaining ARPA obligations and budget timeline
Summary
City finance staff reported completion of the fiscal 2023–24 audit, described remaining American Rescue Plan Act obligations and previewed next month’s budget work session on tax and utility rates.
The Frostburg City Council was told on the city’s auditor has completed its fiscal year ending June 30, 2024, audit and single-audit work and that remaining American Rescue Plan Act (ARPA) funds remain obligated but not yet spent.
That overview came from Elaine, a finance department representative, who told the council the auditor — Hubert Michaels and Company — completed both the regular financial audit and the single audit triggered because the city spent more than $750,000 in federal funds during the year. "We did have to obligate all of the…
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