Hall County has been issued a clean opinion by its auditors, according to a presentation made at the Hall County Board of Commissioners meeting Thursday night.
Beth Grimes with Bates, Carter & Co., LLP told commissioners that not only were there no findings in the 2015 audit, but the County was also able to add $1.3 million to its fund balance this year.
"We would like to thank Bates Carter for their thorough review of the County's processes, recognizing Hall County as a responsible steward of the public's funds," Hall County Administrator Randy Knighton said. "Hall County's elected officials and staff work diligently to be financially accountable, and this positive audit report is a direct result of their sound fiscal management."
The audit also revealed that Hall County's General Fund cash and investments is nearly three and a half times more than its liabilities. That's above and beyond the 2 to 1 ratio recommended by the Carl Vinson Institute of Government.
In addition, the fire fund saw a surplus of $777,000 and Special Purpose Local Option Sales Tax (SPLOST) collections for FY 2015 increased $1.8 million over the previous year. Overall expenditures were under budget $134,000.
Finally, Hall County was commended for the new accounting practices they put into place in FY 2015, which contributed to the clean audit opinion.