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Evansville bond bank approves minutes and financials; audit underway
Summary
The Evansville Local Public Improvement Bond Bank, with four of five members present, approved minutes and financial reports, heard that an external audit has begun and was told a previously authorized police loan remains largely undrawn while fire department needs will be met from casino funds.
The Evansville Local Public Improvement Bond Bank approved its Jan. 22, 2025 meeting minutes and accepted the financial report during a short meeting where members also heard that an external audit has begun and that most outstanding loans are expected to be paid down by year-end.
The approvals came at a meeting with a quorum of four of the bank’s five board members. Executive Director Robert said an outside audit firm has started fieldwork. “I just wanted the board know that the Harding and Samasky has started the audit,” Robert said, adding that a staff member from the firm, Montana, was onsite.
The board accepted the minutes for its Jan. 22,…
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