The Village of Northport received a clean 16-month audit report for the fiscal year 20232024, which was presented at a special meeting on March 7 by the accounting firm UHY, LLP.
According to village minutes from the special meeting, they encountered challenges due to the “time-consuming process of merging a 12-month ledger with a 4-month ledger, including a $26,000 discrepancy in sewer special assessments that needs to be addressed with Leelanau Township.”
Northport Village Manager Jim Dyer addressed why the audit involved significantly more work than anticipated at the council’s March 13 regular meeting. Dyer said the first reason being because the village system could not produce a 16-month report, explaining how auditors had to take so much more time to conglomerate the 12 month and the four month budget together. The second reason was because an amount of money that was expended by the village before NLTUA was formed was booked as a ‘receivable’ asset without anybody to receive the money from.
