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Canton Township approves 2023 financial report; supervisor says township is "in great financial shape"
Summary
Supervisor Anne Marie Graham Hudak said the board approved Canton Township's 2023 annual comprehensive financial report, audited by Plante Moran, and noted the township has received awards for its financial reporting.
Supervisor Anne Marie Graham Hudak said the Canton Township Board of Trustees approved the township's 2023 annual comprehensive financial report, the result of an audit performed by Plante Moran.
Hudak said the approval affirms the township's financial standing. "I'm happy to say once again that Canton is in great financial shape, and we're even award winning for it," she said.
The board voted to accept the audit and report at its June 25 meeting, Hudak said; the summary did not include a vote tally or the names of any motion makers. The report was described as the product of the township's annual audit process with Plante Moran.
Why this matters: municipal annual comprehensive financial reports are used by residents, bondholders and rating agencies to assess a locality's fiscal health. Hudak framed the approval as evidence of continued fiscal stability but did not provide additional budget figures or rating details in the summary.
The supervisor invited anyone wanting more detail to watch the full board meeting on the Canton Community Television YouTube channel.
