Auditing firm gives Saline's books a clean rating
The City of Saline’s books were given an “unqualified” rating by Plante & Moran, its auditing firm.
In explaining the findings, Martin Olejnik said the city's books received a “clean” audit. He noted that the city’s property taxes have declined due to decreases in taxable value, its state shared revenue has been on a steady decline for several years and building permits and interest income have dropped dramatically.
The auditors also said if the personal property tax is eliminated by the state that the city stands to lose 20 percent of its property tax revenue or about $1.6 million this fiscal year.
The city recently approved a resolution that opposed Senate Bill 34, which would eliminate the personal property tax, and the board of education is expected to discuss approving a similar resolution of opposition later this month.
The auditors did note that the city has a payment from the state of about $300,000 for a tax tribunal decision that involves Visteon, which remains outstanding and has been carried on the books for several years. It was recommended that the city either continue to pursue the money or write it off.
City officials said they’ve continued to provide information to the state to collect the funds but so far have not gotten a check.
In addition, the auditing firm suggested that the city re-evaluate its information technology policies and procedures and make some security changes.
Lisa Allmendinger is a regional reporter for AnnArbor.com. She can be reached at email@example.com. For more Saline stories, visit our Saline page.