Chelsea receives highest rating on recent audit
Chelsea was given the highest rating, an unqualified opinion, on its recent audit by Plante-Moran, the city’s auditing firm.
“This is an unqualified opinion, the highest level of assurance,” said Dave Helisek, an audit partner for the firm.
This was especially good news for the city since last year the books received a “qualified” opinion when it did not include a $2.8 million judgment against the city in its books because it had appealed the decision to the Supreme Court.
“This is a change in movement from a qualified opinion last year to an unqualified one this year,” Helisek said. The auditors said they did not find anything significantly wrong with the city’s books.
“It’s always good to hear positive things about our finances,” said Chelsea Mayor Jason Lindauer, who credited city staff with hard work throughout the year.
The auditors did note that should the proposed personal property tax laws change that Chelsea stands to lose about $309,000.
Lisa Allmendinger is a regional reporter for AnnArbor.com. She can be reached at email@example.com. For more Chelsea stories, visit our Chelsea page.