Western Nebraska Observer - Observations all along the line - Kimball & the Southern Panhandle First

City receives unmodified audit

 


Terry Galloway, an auditor from Almquist, Maltzahn, Galloway and Luth, CPA, presented an unmodified report to the Kimball City Council at the March 21 council meeting.

“What you have received here is an unmodified report,” Galloway said. “Which is the highest level of assurance you can receive from an independent audit firm, so congratulations. Basically it means everything is true and accurate within the financial statements, themselves.”

According to Galloway’s report, the City decreased overall debt by $192,000, or by six percent, and the budget request for property taxes decre...



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