DerryNews.com, Derry, New Hampshire

Derry

January 24, 2013

Derry finances in good order, auditors report

DERRY — The town’s financial books are in good order.

That’s the word from the auditing team that completed the study of how the town kept its records for the year ending June 30, 2012.

A team from Melanson Heath and Company certified public accountants performed the audit of financial reporting statements.

“The audit went very well,” Melanson Heath and Company’s Scott McIntire said. “The town should be very proud of that.”

McIntire said Derry’s books were well maintained with little deficiency noted.

McIntire said his firm’s field work in Derry began in September of last year, when auditing officials met with the town’s financial staff.

He said after the audit was completed, a few comments and recommendations were noted, including developing a more formal fund balance policy. The town has such a policy in the works and hopes to put it in place by the end of the current fiscal year.

Other than a few suggestions, McIntire said Derry’s reporting of its money matters was in good shape.

“The books and records were very well maintained,” he said. “It was a very clear audit.”

Town Councilor Phyllis Katsakiores said she was proud of all the good work coming from Derry’s finance department.

“Thanks to (chief financial officer) Frank Childs and his department,” she said. “They do an awesome job and they make our jobs a lot easier.

Town Administrator John Anderson said Derry’s financial leaders are strong and concise when it comes to making sure all the town’s money is recorded properly.

“It is good news, and it is the leadership of the finance department that makes this go well,” he said.

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