INV-2023-0344
Town of Farmville – Investigative Audit Report
Town of Farmville – Investigative Audit Report
The North Carolina Office of the State Auditor initiated an investigative audit in response to allegations received regarding the Town of Farmville and found the following:
• The Board of Commissioners failed to ensure the Town of Farmville received full and fair consideration for a property exchange related to the Town’s fire station.
• The Board of Commissioners failed to ensure the Town of Farmville paid a reasonable monthly rent for its temporary library.
• The Town of Farmville improperly administered $520,000 in Community Development Block Grant Neighborhood Revitalization funds.
• The Town of Farmville exceeded the maximum allowable transfer amount when transferring from its electric fund to its general fund by $54,794.