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City audit shows surplus, reveals accounting woes

February 11, 2021

VERGENNES — Longtime professional auditor Teresa Kajenski brought some bad news and some good news to the Vergennes City Council at its Feb. 9 meeting. The bad? For the first time in the many years Kajenski has been working with the Fothergill Segale & Valley team that performs annual audits for the city, she felt it necessary to report to the council in person that there were “significant deficiencies” in the city’s accounting practices. The good? Her firm’s audit uncovered a $297,000 surplus in Vergennes’ … (read more)

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