Jay ahead $171K, audit says
June 18, 2020
The Jay Town Council heard the preliminary results of it's annual audit and discussed town projects Monday night.
“This was, overall, a much better audit,” said Joshua Durst, CPA with Durst and Jordan. “Overall, the town finished 2019 in better financial than it did at the end of 2018.”
Durst said the town needed to take a look at year-end audit adjustments, but indicated the balance sheet for this year, compared to last year, had the town in a better current asset position and it's net asset position is stronger than is was at the end of 2018.
“The town had $171,000 revenues and...