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Audit finds place Yanceyville on LGC assistance list; council asked to sign response letter

Town of Yanceyville Town Council · April 2, 2026

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Summary

Town Attorney Lee Farmer reported auditors found material weaknesses and Financial Performance Indicators of Concern, placing Yanceyville on the Local Government Commission's Units Assistance List; council members and the town manager were asked to sign a response and staff were directed to take internal-control measures.

Town Attorney Lee Farmer told the council that the town’s audited financial statements contained significant deficiencies and material weaknesses, leading to designation of Financial Performance Indicators of Concern (FPIC). Farmer said that because of those findings, Yanceyville was placed on the Local…

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