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Penobscot County officials say 2023 audit about 75% complete; 2024 work tied to reconciliation
Summary
County officials reported that 2023 audit work is about 75% complete and said 2024 audit activity will wait until the 2023 fund-balance reconciliation is finished. Finance staff set internal goals for preparing 2024 records as auditors’ availability allows.
County officials told a public meeting that progress is being made on stalled financial audits and set internal preparation goals while acknowledging auditors’ limited capacity.
At the meeting, a county speaker reported, "The accountant said that the 20 23 is, I think, now 75% contained," an update indicating significant but incomplete work on the 2023 audit. Officials said the 2024 audit work will not…
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