HACKLEBURG - An audit report for the Town of Hackleburg for Fiscal Year 2019 revealed no errors or discrepancies.
Northport accountant Don Wallace met with the Hackleburg Town Council on Monday, June 22.
“During the audit, I did not identify any deficiencies in internal control that I considered to be material weaknesses,” Wallace said.
According to the accountant, Hackleburg ended FY ‘19 with a decrease in net assets of $170,116. He said this was largely due to higher expenses across the board during the term. He also said there was a decrease in revenue related to the sale of surplus equipment in the prior year.
See complete story in the Journal Record.