Waterville’s ‘financial position is positive,’ audit reveals The council on Tuesday voted to accept the audit report by Nicholson, Michaud & Nadeau certified public accountants. Share WATERVILLE — The city is in good shape financially, a firm that did an audit of the city’s fiscal year 2020 reported to the City Council Tuesday. Erik Nadeau, of Nicholson, Michaud & Nadeau certified public accountants, gave an overview of financial statements in the 58 page report which says the total budgeted revenues for the year were $42,969,890, and actual revenues were $43,301,073, resulting in ...