Dover city officials were briefed on the annual financial statements and audit reports at the April 14th regular council meeting. Christina Laurie, a representative from the city’s independent auditor, attended by Zoom.
Idaho Code requires annual audits by an independent company. Independent companies have no relationship with the City. The purpose of the City’s annual audits are to provide reasonable assurance that the financial statements are free from material misstatement. This assurance is obtained by testing various aspects of financial activities during the year. The City’s fiscal year runs from October 1 to September 30.
Anderson Bros. CPA issued the City a clean audit for fiscal year 2021. This means that the financial statements provided by the City were fairly stated. The City’s independent auditor also audited funds received from the federal government to confirm that they were disbursed according to federal guidelines. No discrepancies were found.
The public has access to all of the City’s financial statements.