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City may loosen audit requirements
NewmanBenWEB
Alderman Ben Newman suggested a sliding scale.
McMinnville officials are trying to determine how loose, or how stringent, their audit requirements will be for nonprofit groups seeking funding.“We need to sit down with a CPA,” said Finance Committee chair Everett Brock. City attorney Tim Pirtle agreed, recommending Finance Committee members, Finance Department director Shirley Durham, and the city’s accountant sit down with a certified public accountant.City officials recently decided to require nonprofits which receive city funding to have an audit conducted. This was done in an effort to ensure taxpayer funds are being spent responsibly.However, the city has learned the expense of an audit is cost-prohibitive for some nonprofits.