INV-2026-SPEED

INV-2026-SPEED.pdf

Town of Speed – Investigative Report

PDF • 4.03 MB - February 24, 2026

The Town has failed to reconcile its financial records in a timely and consistent manner.

The Town has failed to maintain full and accurate minutes of its official business and meetings.

The Town has violated N.C.G.S. § 159-34(a), which mandates that each unit of local government have its accounts audited annually.

The Town has failed to fully comply with a resolution adopted by the LGC requiring the Town to hire a public accountant to assist with fulfilling the finance officer’s duties.

 

 

First Published