STANTON — The Montcalm County Finance & Personnel Committee heard some hopeful news today from the county’s new auditor.
Joe Verlin of Gabridge & Co., a Grand Rapids-based auditing firm, updated commissioners on ongoing county audit.
Last year, commissioners hired Gabridge after deciding not to renew the county’s contract with Abraham & Gaffney due to alleged errors and irregularities with work performed by Abraham & Gaffney and the county’s former controller-administrator Chris Hyzer. Last month, commissioners took the severed contract a step further by hiring Clark Hill of Detroit to investigate and possibly bring a lawsuit against Abraham & Gaffney.
Today, Verlin reported that while the county’s total net position has decreased by $1.6 million in the past year, the county’s general fund has increased by $3 million, a positive sign.
Verlin also reported the county’s incorrect journal entries have been entirely resolved thanks to work done by Rehmann Robson, a Troy-based accounting firm hired by the county.
Several other items are still being worked on, including unfavorable budget variances, a delinquent audit report, bank reconciliations and fund balance deficits.
See Wednesday’s Daily News for a complete story.