The Daily Globe - Serving Gogebic, Iron and Ontonagon Counties

Ironwood gets 'clean opinion' in 2011-12 annual audit report


IRONWOOD — The city of Ironwood received a “clean opinion” in the 2011-12 audit that was reviewed by the city commission in a work session on Monday.

Tony Pollack, of Joki, Makela, Pollack and Ahonen, reviewed the 100-plus-page audit for the one-year period extending to July 1, 2012.

A clean opinion is the best type of report an audited municipality may receive from an auditing firm.

Pollack said there was a $1,264,000 general fund balance and it had increased $219,000 during the fiscal year, a good sign.

The audit was somewhat unusual in that it reflected huge profits in the utility...

For access to this article please sign in or subscribe.


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2017