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|Village of Gilbert receives highest rating for audit report|
The Village of Gilbert is now free of debt and in a position to benefit from future grants, according to a recent auditor's report.
Doyle Hassell, CPA of Marcus, Robinson and Hassell, presented his findings and issued an "unqualified opinion," the highest rating for an audit, to Mayor Mike Stephens and the board of alderman during a special meeting held at City Hall in Gilbert.
Hassell reported an unrestricted cash and investment amount of some $132,000 for the town, having paid off the remainder of debt owed for water and sewer projects in 2008.
"Since they have repaid this debt, they should start to see an increase in the funds," said Hassell, "it also helps with future grants by having enough cash to match the grant."
Grants were secured for the construction of the Community Center, public works projects and public safety, totaling some $60,000 for the year.
"Grant monies were hard to come by because of all the storms," said Hassell, "I think it shows the confidence the state has in the community to handle the money."
"The Village of Gilbert has come a long way in the past few years," said Gilbert Mayor Mike Stephens, "I think we're on the right road now. I am very proud of Clerk Diane Parker and Ms. Joann Evans (deputy clerk), city workers and the Gilbert Police Department for a job well done."
The audit was performed by the CPA firm of Marcus, Robinson and Hassell of Winnsboro and Zoe Meaks, CPA of Rayville. Copies of the audit may be viewed at the Town Hall, Monday-Friday, 8 a.m. - 4 p.m.
"I'd just like to thank the citizens of Gilbert for the trust they have in our office and the city employees who do the work," said Stephens. "We at the Village of Gilbert will continue to do our very best."