The Buffalo City Council got a good audit report from Dooley and Jelly CPAs at their meeting earlier this week.
Bill Dooley gave a short presentation on the report, saying the City's financial statements are in good order, and gave praise to City Clerk Julie Silbernagel for her hard work and accurate accounting.
A minor issue that needs to be addressed, according to Dooley, is now that the City has reached a population of more than 4,000 people, the state will now require a different accounting practice than what the City had been doing. Dooley said that should not present a problem for 2011, but the new standards will be expected to be followed in 2012.
Dooley added that the Compliance Report and the Financial Report both looked to be in good order after the audit.