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Crossville group to solicit bookkeeper proposals; auditors recommend separate audit handling
Summary
Meeting participants agreed to seek an external bookkeeper to keep project finances separate from city records and asked that the bookkeeper track estimated versus actual construction costs. Auditors recommended handling the group's audit work separately at an estimated cost of about $5,000 per year.
Members of a Crossville governing group discussed hiring an external bookkeeper to maintain a degree of separation between the group's financial records and the city's accounting system and to provide more detailed tracking of construction costs.
Participants said the external bookkeeper would be asked to set up the accounting in a way that separates the group's books from the city's system, provide references and estimates, and include a line-item tracking estimated…
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