Select Board reviews finances; auditors issue unqualified opinion but note recurring findings
Board members heard that general-fund revenues exceeded expectations (about $273,000 extra from local option tax), reviewed enterprise fund accounting and capital balances, and discussed an audit that returned an unqualified opinion while also listing recurring reconciliation and fixed-asset findings.
The full story
At the June 9 meeting, Middlebury finance staff reviewed the town’s fund balances and a recently completed audit. Staff said general‑fund revenues were stronger than planned, noting roughly $273,000 more from local option tax receipts than budgeted, and that overall fund balances put the town in a stable position as it plans capital work.
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