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Mathews board gets a good financial report

Mathews supervisors heard the board’s annual audit report Tuesday night from the county’s longtime auditor Paul Lee of Robinson, Farmer, Cox Associates.

Lee told supervisors that the county’s finances are in good condition, with “an unmodified opinion,” “no material weaknesses or significant deficiencies,” and no compliance problems with funding received from the federal government.

As of June 20, 2022, the county had $7.1 million in uncommitted funds, or 23 percent of the total budget, said Lee, which is “in a very good range” of the recommended 20-25 percent.

Lee said the report did not include the county’s American Recovery Plan Act (ARPA) fund balance of $1.3 million, which was slated to be spent during the current or coming fiscal year.

Although the Mathews County Treasurer’s Office had “a little trouble” getting a reconciliation done by the end of the year, Lee said a consultant worked with the treasurer to get it straight, and that the office’s tax collections were ...

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