Published by admin on Wed, 11/22/2023 - 1:56pm
The Town of Lovell received a financial clean bill of health last week at the regular November 14 town council meeting in the form of an audit report by CPA James Seckman of Powell.
Seckman, in a summary presented to the council, said the only minor issue with the town finances is the segregation of duties, which happens in most small towns.
“There is a way to get around it,” Seckman said, noting that the town could have “compensating controls” like having a member of the town council sign checks.