EDA receives a clean audit

EDA receives a clean audit

The Patrick County Economic Development Authority (EDA) received a clean audit on its financial report for the year ending June 30, 2022. Member Ron Haley said the report concluded “the results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.” According to the report by Robinson, Farmer, Cox Associates, PLLC, the EDA currently has $3,115,018 in total assets with $622,020 of it being total current assets. Its current assets include $581,898 in cash and cash equivalents and $40,122 in investments. The EDA’s non-current assets are $1,516,198 in capital...

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