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Friday, June 23, 2006
Atlantic County Earns 7th Consecutive Clean Audit
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For the seventh time in as many years, Atlantic County government has earned a clean audit with no findings or comments.
County Executive Dennis Levinson announced today that no irregularities were found during an annual review of the county's financial operations and procedures, conducted by the certified public accounting firm of Hutchins, Farrell, Meyer & Allison, P.A., the independent auditors for Atlantic County government. The audit included an examination of internal controls and areas that have the potential for abuse and misuse of public funds.
"We have now had seven consecutive clean audits from two separate auditors," he said. "There is no question as to the fiscal integrity of Atlantic County. I commend the entire county financial staff who help to ensure that Atlantic County has responsible budgets and capital improvement plans."
In a transmittal letter to the county executive dated May 16, 2006, Eugene Farrell, a principal of the accounting firm, attributed the county's positive conditions as "the result of the county government's ongoing commitment to fiscal prudence in budgeting, debt management, and providing services to county residents."
"It is refreshing to be associated with an organization with such experienced and knowledgeable leadership," added Farrell. Farrell acknowledged that he consistently recommends Atlantic County as an example of sound government management.
Atlantic County Freeholder James Curcio said that he was pleased with the audit, but not surprised. "Atlantic County government continues to serve as a model of responsible fiscal management."
Curcio's sentiments were echoed by Freeholder Vice Chairman Frank Finnerty. "Atlantic County's impressive record of accountability is something for which our residents can be proud."
A synopsis and summary of the audit was published in The Press of Atlantic City on June 9. The Board of Chosen Freeholders is expected to review and certify the audit at its regular meeting on June 13 in accordance with the requirements of the Local Finance Board.
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