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Waynesville finance director reports $8,000 drop in sweep-account interest, budget audit planned
Summary
Finance Director Jamie Morley told the committee that sweep-account interest fell by about $8,000 due to market conditions and announced an upcoming audit for fiscal years 2023–2024 with an estimated cost of $6,000–$8,000.
Finance Director Jamie Morley reported to the Finance Committee that "the interest we have earned in the Sweep Account has gone down by about $8000 due to the market decline." She said she will attend a conference March 26–28 and reported the village received a new computer and printer from UAN.
Morley also told the committee there will be an audit covering financial years 2023 and 2024 with an estimated cost of $6,000–$8,000. Committee members reviewed various reports and questioned an equipment payment (see separate entry on police equipment).
