Town Audit Reveals Utility Losses and Tax Payment Failures
1 report, 1 independent
Updated Mon 00:00
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What happened
An annual audit of the Town found repeated issues concerning bookkeeping, taxes, and utility systems. The audit noted that the town’s utilities are operating at a loss of around $500,000, and the town failed to pay federal and state withholding, sales, and unemployment taxes on time for the second consecutive year.
Why it matters
The audit recommended that the Town increase the rates charged for water, sewer, and gas to prevent the utility systems from operating at a loss. The findings also included repeated failures to follow policies regarding overdue utility bills and cut-offs.
Who's involved
- Patrick RichardMayor of the Town
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The entities involved
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Town
community in Merthyr Tydfil, Wales
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Patrick Richard
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