Fall River Council Debates Audit Firm Selection Amid Ethical Concerns
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Meeting Type:
City Council
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Meeting Date:
06/25/2024
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Recording Published:
06/26/2024
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Duration:
107 Minutes
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State:
Massachusetts
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County:
Bristol County
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Towns:
Fall River
- Meeting Overview:
The Fall River City Council engaged in a discussion regarding the selection of an independent audit firm, a decision emphasized by the presence of ethical concerns and potential conflicts of interest. The meeting also addressed financial decisions, including a $6.4 million transfer to the city’s stabilization fund from surplus revenue and a $100,000 transfer to the opioid settlement revolving fund.
The selection of an audit firm became the focal point as representatives from Markham LLP, Ha and Sahari and Company, Hagan Sahi, and Roselli Clark and Associates presented their proposals. The council scrutinized the firms’ experience, qualifications, and adherence to ethical standards. Concerns were raised about a potential conflict of interest involving a partner previously associated with another firm in the bidding. Council members stressed the need for a comprehensive evaluation process and emphasized the importance of avoiding conflicts of interest to maintain the integrity of the audit.
The council also took up the issue of the city’s financial health, approving a transfer of $6.4 million to the stabilization fund, which was attributed to an unexpected surplus due to higher revenues, investment income, and savings from unfilled vacancies. The finance director explained the transfer as a strategic move to support future capital purchases. Additionally, a $100,000 transfer to the opioid settlement revolving fund was discussed, with council members deliberating on spending limits and the management of the $2 million allocation to combat the opioid crisis.
Public participation brought forward concerns about the city’s budget and financial management. Residents expressed dissatisfaction with the budget increases, proposed overrides, and the impact on taxpayers. Accusations of excessive spending and lack of transparency were directed at the council, with calls for greater accountability and adherence to proper procedures.
The council also addressed a range of other issues, including the confirmation of the appointment of a veterans’ service officer, a vehicle donation to the fire department, and the establishment of a new revolving fund within the health and human services department. Additionally, community engagement was recognized with a citation awarded to a citizen for efforts to improve civic pride.
Paul Coogan
City Council Officials:
Joseph D. Camara, Linda M. Pereira, Shawn E. Cadime, Michelle M. Dionne, Attorney Bradford L. Kilby, Paul B. Hart, Cliff Ponte, Andrew J. Raposo, Laura-Jean Sampson
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Meeting Type:
City Council
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Meeting Date:
06/25/2024
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Recording Published:
06/26/2024
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Duration:
107 Minutes
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Notability Score:
Routine
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State:
Massachusetts
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County:
Bristol County
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Towns:
Fall River
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