2017-05-18 / News

Audit report shows RCRC ‘looking good financially’

Certified Public Accountant Jim Anderson noted that the figures associated with the Roscommon County Road Commission’s 2016 audit are “materially correct” and gave the RCRC an “unmodified opinion,” which is the best rating that can be given.

Anderson noted at a May 11 meeting, that the RCRC compared to its peers is sitting well financially. He said the RCRC has been “smart with the money.”

“Overall, you’re looking good financially,” Anderson said.

In action items, the board authorized Manager Tim O’Rourke to begin the process of transferring Gladwin County’s 2018 federal aid funds to the RCRC. O’Rourke noted that the Gladwin County Road Commission has $430,000 of aid available and the RCRC can purchase the funds at “80 cents on the dollar,” for a total of $344,000. He added that he is confident the transfer of aid funds will be approved.

The board also approved a local road agreement with Lake Township for various work on three roads. A total of $11,897.74 of work will be completed on Northway Road. Mary Road will have $29,750.49 of work and Victory Road will have $18,729.34 of work completed on it. The RCRC will not contribute any funds to the projects.

O’Rourke also noted that there are plans to seal and stripe the RCRC’s Prudenville office’s parking lot this summer.

The next regular meeting will be held May 25 at 7 p.m.

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