HALIFAX -- As the town gets ready to draft a budget for the next fiscal year, it also must address a necessary audit.
Halifax is in the process of beginning an audit to track financial activity for FEMA and U.S. Department of Agriculture review. Those two groups had assisted financially with efforts related to rebuilding after Tropical Storm Irene.
"Because we have received federal moneys this past fiscal year, we're required to go through an audit at the end of the fiscal year," said Halifax Selectboard Chairwoman Edee Edwards.
On Oct. 28, the Selectboard met in the morning and opened three bids from firms interested in conducting the audit for Halifax. The board held off on awarding the bid to any company.
Its members ultimately decided to request that the elected treasurer and town auditors look at the technical end of the proposals to make sure nothing was missing.
Edwards told the Reformer that those elected officials that are sought for reviewing the bids had previously assisted with the last fiscal year's town audit. They had sat down with an auditing firm to go over the numbers.
"I know that my own financial understanding is not as strong," said Edwards. "We're looking for people with a bit more experience to look at the criteria."
For now, the Selectboard will likely wait until the meeting scheduled for Nov. 5 to award the bid.
Edwards mentioned that the audit should be completed in a "relatively timely fashion" given that public accounting firms become busy during the upcoming months.
Chris Mays can be reached at 802-254-2311, ext. 273, or email@example.com. Follow Chris on Twitter @CMaysReformer.