In an economy where most financial news is bad, the Caryville Board of Mayor and Aldermen were relieved to receive a clean financial audit report at Monday night’s meeting.
Terry Moats, representing the Brown, Jake and McDaniel auditing firm, reported the 2007-08 financial audit findings to the board.
“The overall asset balance for the town is pretty strong,” Moats said. He explained the town had experienced some loss due to the economy, but overall the findings were good and he issued a clean audit report.