WILLIAMSON – An audit report of the fiscal year that ended June, 30 2012 indicates that the Williamson Utility Board was not operating according to public accounting standards.
An independent auditor reported the audit to the State Auditor’s and Chief Inspector Glen B. Gainer III office. The audit states that “these financial statements are the responsibility of the entity’s management.”
The audit suggests that records were not being properly kept. “Management has not maintained adequate accounting records to properly reflect assets and the related liabilities on the financial statements of the Williamson Utility Board. The amount by which this departure would affect the assets, liabilities and net assets of the Board’s financial statements is not reasonably determinable.”
The report goes on to say, “In our opinion, because of the effects of the matter discussed in the preceding paragraph, the financial statements referred to above do not present fairly, in conformity with accounting principles generally accepted in the United States of America, the financial position of the Williamson Utility Board, West Virginia, as of June 30, 2012, and the respective changes in financial position and its cash flows thereof for the year then ended in conformity with accounting principles generally accepted in the United States of America.”
The audit lists members of the Williamson Utility Board during that time. Former Mayor, Darrin McCormick was Chairman. Board members were listed as Donnie Beckett, Clarence Mitchell, Lacy Muncy and Robert Settles. Lisa Vaughan was listed as Appointive Director, having served as manager of the water department office during that time.
On Monday night, members of the community met at the gazebo by the Municipal swimming pool in Williamson’s West End to sign the Petition in Protest of the Williamson water rate hike.
Teresa McCune said the planners chose the gazebo because it’s municipal property for the use of the citizens, which seemed appropriate for this purpose. Another signing location was planned by another group on Tuesday. In order for the protest to be heard by the West Virginia Public Service Commission, 25 percent of Williamson Water’s customers must sign the petition. Only one person per account should sign.
Many citizens are upset at the recent rate increase proposed by Mayor Steve Knopp and the Williamson City Council.
There is regular scheduled council meeting on Thursday at 6:00 p.m. at the City Hall building on Fourth Avenue across from the fire department. A large crowd is expected to turn out for that assembly.
State Audits are public records and can be found on the State of West Virginia State Auditor and Chief Inspector’s website www.wvsao.gov.
(Courtney Pigman is a news reporter for the Williamson Daily News. She can be contacted at [email protected],or at 304-235-4242,ext.2279.)