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Residents press council for fiscal transparency and question borrowing as auditors report material weaknesses
Summary
Multiple public commenters urged transparency around audits and questioned a proposed $15 million loan; the city auditor presented an FY2023 ACFR with an unmodified opinion on financial statements but repeated material weaknesses in internal controls, which council and staff said they are addressing.
Several Hopewell residents used the communications-from-citizens period to criticize city fiscal management, press for overdue audits and oppose the proposed $15 million financing.
Laura Greenwood (Ward 6) told council she was "fed up" and said the city audit referenced by staff has not been made available; she warned that "we the people... will require our own audit" if results are not provided. Ed Hauser and Wayne Parsons asked for specifics on…
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