The Town of Stettler’s finances came back with a clean report from independent auditors Gitzel Krejci Dand Peterson, it was revealed at the Town of Stettler council meeting on Tuesday, April 19.
Justin Tanner appeared at council to go over the audit with councillors, explaining the minor issues identified by the firm as not within customary guidelines. None of the issues were serious, and none put the town’s finances in question, it was noted.
The report to the town identified that some assets are being capitalized and amortized over their useful lifespans, that gift cards received by staff as Christmas presents were not reported as taxable benefits, and that amortization was claimed on a fire truck purchased in 2015, but that did not arrive until 2016. Other errors included minor mathematical corrections and adjustments.
Auditors not only identify problems with record-keeping, but also look at risk management as well. No problems were found by the auditor.
Old drop-in centre sold
The old drop-in centre, which was replaced by the Hub at the Stettler Recreation Centre, has been sold. The property, located at 5009 48 St. was sold to Jason Hegberg and Len Hoac for the amount of $19,250. Council approved the sale.