By BARBARA GREEN
editor@bowienewsonline.com
Montague County received a clean audit for fiscal 2021-22 and moved forward with a major computer system project, both of which were approved during Monday’s meeting.
Michael Edgin, Edgin, Fleming and Fleming PC, presented the 81-page audit report, plus the single federal grant audit. Commissioner Roy Darden was absent.
County officials received a “clean opinion,” with no deficiencies or errors in general accounting rules. Some of the financial highlights were as follows:
• The county’s assets exceeded its liabilities at Sept. 30, 2022 by $33,106,076 (net position). Of that amount, only $13,607,980 may be used to meet the county’s obligations.
• During the year the county’s total net position increased by $19,46,470. The county’s expenses of $16,792,987 were less than program revenues of $7,020,125 and general revenues of $11,719,332.
• The total cost of programs increased $561,699 or 3% from the prior year.

Read the full story in the mid-week Bowie News.