INV-2026-SPEED
Town of Speed – Investigative Report
Town of Speed – Investigative Report
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.