Audit gives city funds positive review

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Changes suggested for budgeting grant expenditures

By Frank Johnson

The city of Bardstown received a clean bill of financial health in an independent audit of its books for the 2009-2010 fiscal year.

“It was a positive audit,” Bardstown CFO Mike Abel said.

Louisville CPA firm Peercy and Gray conducted the audit and presented its findings in a report to Bardstown City Council members. The scope of the firm’s work was more extensive than usual, Abel said, because the city had an unusually high amount of money in grants this year.

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