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Auditor reports JLDC in strong financial position; board approves audited records and minutes
Summary
An independent auditor presented JLDC's audited financial statements showing increased loan receivables and net assets driven by ARPA pass‑through funds; the board approved the audit communications, minutes and the JLDC financial records.
An outside audit firm presented the Jamestown Local Development Corporation's audited financial statements and required communications and told the board JLDC holds a strong financial position.
Jared Picard, who identified himself as one of the audit managers on the engagement, reviewed the audit products and required communications. He said JLDC's primary audit opinion covers the financial statements and…
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