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IDA accepts year-end financials and audit engagement; board defers strategic-plan vote pending consultant briefing
Summary
The board accepted year-end financial reports and audit engagement letters (annual audit and CLDC contract), approved an attorney rate increase and a $5,000 sponsorship, and agreed to invite a strategic-plan consultant to brief members before voting on options.
The Herkimer County Industrial Development Agency voted to accept year-end financial statements and several audit and engagement items during its meeting.
Staff reported the agency finished the year close to budget and recommended accepting the financial reports; the board moved, seconded and approved the financials by voice vote.
The board also discussed the annual audit engagement (noted…
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