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Brockton auditor says FY23 external audit delayed; DOR certification and bond sales at stake
Summary
Brockton's city auditor told the accounts committee the FY2023 external audit remains incomplete because of turnover and extensive documentation requests; the Department of Revenue will not certify the tax rate and the city cannot pursue bond issuance for capital projects until the audit is finished.
The city auditor told the Brockton City accounts committee on Sept. 18 that the FY2023 external audit is delayed and must be completed before the Massachusetts Department of Revenue will certify the city's tax rate and before the city can seek bond financing for capital projects. "It's gonna be complete before the end of the year," the auditor said, noting the delay stems from staff turnover and the volume of material auditors request.
Auditor's office staff outlined how outside auditors—Clifton, Larson, Allen, engaged since 2014—typically provide a list of roughly 135 items requiring documentation, some of…
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