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Comptroller audit of Stockport nearly complete

May 08, 2013 6:41 am
[caption id="" align="alignleft" width="240"] (townofstockport.org)[/caption]

Nathan Mayberg reports in the Register Star the state Comptroller’s Office is wrapping up a risk assessment and audit of the Town of Stockport. The review included expenditures for fiscal years 2011 and 2012. Approximately $250,000 in town funds were reported unaccounted for last fall. As a result, water rates soared more than 300 percent for Stockport residents this year. Town Supervisor Matt Murell said the representatives of the Comptroller's Office held an exit interview with him Mon., May 6. He said the office will release its findings this summer. Murell also said the town’s accountants can now shed light on where the missing money went. Those findings are expected to be released within the next month. Read the full story in the Register Star.