ELLSWORTH — An auditor gave the city a clean bill of financial health Monday night, and praised the city’s finance staff for the work they do.
Greg Chabot of the South Portland-based accounting firm Runyon Kersteen Ouellette said the audit for fiscal year 2012 — July 1, 2011 to June 30, 2012 — “went very well.”
He said he uncovered no reportable issues in his review of the city’s financial practices, for which he credited the city’s Finance Department.
Chabot made reference to the city’s receipt of a certificate of achievement for excellence in financial reporting from the Government Finance Officers Association (GFOA) for fiscal year 2011.
“It’s an honor to get,” he said. “It’s difficult to get.”
He predicted the city would receive the award again for fiscal year 2012. Chabot noted that only a handful of governmental bodies across Maine — perhaps 12 to 15 — qualify for the award each year.
Chabot said Finance Department staff members made his work completing the audit easier.
“Your staff was extremely well-prepared and responsive during the audit, which made things go very smoothly,” he told city officials at a council workshop.