KEMPNER — City Council members reviewed the 2011-2012 fiscal year audit and earmarked excess general fund balances for possible wastewater infrastructure.
“The purpose of the audit report is to get another — outside — look,” said Preston Singleton, of Singleton, Clark and Company, the city’s auditor. “In our opinion, the financial statements are presented fairly. The numbers appear accurately. In our opinion, the city does have good financial controls.”
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