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City administrator reports $6.2M preliminary enhancement grant reconciliation; Crimson Holdings town hall scheduled, code enforcement and MSHDA grant updates
Summary
Administrator Chad Baugh said auditors have preliminarily reconciled about $6.2 million of the enhancement grant and emphasized improving internal controls; commissioners scheduled a Dec. 8 town hall for Crimson Holdings settlement funds, discussed restructuring committees and heard an MSHDA $400,000 homeowner repair grant update.
City Administrator Chad Baugh told the Adrian City Commission on Nov. 17 that auditors have preliminarily reconciled just over $6.2 million in enhancement-grant expenditures and that a final report is pending. He said the administration will focus on documentation procedures and internal controls for larger grants, adding that a $15 million grant requires tighter oversight.
Baugh said the administration is planning a public town hall to gather resident input on allocating approximately $50,000 in settlement funds from the…
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