News Flash

Home

Posted on: January 25, 2019

City earns high marks in audit

CLARKSVILLE, Tenn. – Independent external auditors have issued a clean bill of health for the financial statements of the City of Clarksville.


 Crosslin PLLC, Nashville, completed and issued its audit in December after reviewing the financial statements of the City of Clarksville for the year ended June 30, 2018. The review included the financial statements of the entire City, which includes City general, Clarksville Gas & Water, CDE Lightband, and the City’s related entities of Ajax Turner Senior Center, Customs House Museum and the Natural Gas Acquisition Corporation.


“Crosslin has completed the audit of the financial statements of the City of Clarksville … and we have issued our unmodified report thereon,” Crosslin said in its formal report.


 The “unmodified report,” issued for the sixth consecutive year, indicates that Crosslin found the financial statements prepared by the City are fair, accurate and in compliance with Government Auditing Standards. The audit report included no findings of material weakness or deficiencies, for the fifth consecutive year.


“This essentially is an ‘A’ report card for us,” Clarksville Chief Financial Officer Laurie Matta said. “It shows that finance departments across the City, including Gas & Water and CDE Lightband, have done a great job.”


Crosslin’s “Independent Auditor’s Report” offers this key passage:


“In our opinion, based on our audit … the financial statements … present fairly, in all material respects, the financial position of the governmental activities, the business-type activities, the aggregate discretely presented component units, each major fund and the respective changes in financial position and, where applicable, cash flows thereof, and the budgetary comparison for the General Fund in the year ended in accordance with accounting principles generally accepted in the United States.”


City Finance officials also expect the Comprehensive Annual Financial Report to earn the General Finance Officers Association Award of Excellence in Financial Reporting for the fifth consecutive year.

Facebook Twitter Email

Other News in Home

PAUL NELSON

Nelson named Interim Director at CTS

Posted on: June 20, 2019

CTS participates in BELL Academy

Posted on: June 12, 2019

Mayors proclaim Safe Boating Week

Posted on: May 22, 2019

Mayor Pitts to present 2020 budget

Posted on: May 20, 2019

Powers resigns City Council seat

Posted on: May 1, 2019

City rolls out a fresh new website

Posted on: April 8, 2019

50 Plus Games return May 13-18

Posted on: March 25, 2019

New Providence Pool to reopen Mar. 9

Posted on: March 7, 2019

Pipe collapse closes Canterbury Road

Posted on: March 7, 2019

Opioid Task Force to merge with ASAP

Posted on: March 4, 2019

Downtown Market wins four awards

Posted on: February 28, 2019

Transit System adds four new bus shelters

Posted on: February 27, 2019

New Providence Pool closed temporarily

Posted on: February 26, 2019

City to crack down at Transfer Center

Posted on: February 22, 2019

Jimmy Terry monument dedicated

Posted on: February 15, 2019

Police warn of red light camera scam

Posted on: February 12, 2019

Fire Rescue offers free smoke alarms

Posted on: February 8, 2019

Pastor Terry monument to be dedicated

Posted on: February 7, 2019

Trees to be replaced on Franklin Street

Posted on: January 28, 2019

Fire Rescue applauds a good deed

Posted on: January 24, 2019

Fire Chief Michael Roberts to retire

Posted on: January 24, 2019

City seeks volunteers to serve on boards

Posted on: January 24, 2019

City offices to close for MLK Day

Posted on: January 18, 2019

Joe Pitts sworn in as Clarksville Mayor

Posted on: January 2, 2019