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Wednesday, April 27, 2011

Uh Oh!!! Will Lisbon's Trouble Grow, Amid Rumford's Latest News?

Lisbon's current town manager, Stephen Eldridge, was the manager in Rumford during the initial years of this pending financial investigation dealing with what appears to be UNQUALIFIED people.

Rumford's Town Audits Invalid for the Past 5 Years, Auditor NOT Licensed!

Candice Casey 
Rumford, Maine-Last week the River Valley Sun reported concerns on the Town of Rumford’s accounting practices.  Those concerns were repeated and expanded upon last night with the report on the Selectmen’s ordinance hearing.

Today we have uncovered the Town has been using an unlicensed CPA/CPA firm with a long standing record of negative peer reviews going back at least as far as 2002 after which required corrective action and reviews where not taken by the auditor/firm.

The auditor has continued to conduct business without correcting the deficiencies or holding proper licenses including Rumford’s 2006, 2007, 2008, 2009, and 2010 annual audits.

Complaints continue to be filed with the State Board of Accountancy in regard to Harold Blake, the auditor the Town of Rumford used for what now would appear to be invalid audits not worth the paper the town had the reports printed on.

It looks like the Town of Rumford will have to retain the services of a qualified firm to come in and audit 2006-2010 if the people are to know if the books are in order and what if any deficiencies exist requiring correction or other action.

We will continue to post documentation and provide updates as we receive it
http://rivervalleysun.com/1490/rumfords_town_audits_invalid_for_the_past_5_years_auditor_not_licensed/

Bravo to the Rumford Selectmen for taking the appropriate action.  If Lisbon could only be as fortunate to have a panel of administrators with Integrity instead of such as, oh I don't know,   How 'bout a  "Swingin Good 'Ole Boy' Time" attitude.

How's It Working out for you now Lisbon?