An audit conducted on Rifle’s 2020 financial statements found no red flags, according to a Denver-based accounting firm.
Hinkle & Associates certified public accountant Jim Hinkle told Rifle City Council during a workshop on June 16 that the city’s financial statements are in compliance with generally accepted accounting principles.
The city later unanimously passed the audit report during the regular meeting.
“And based upon our analysis of the internal control structure and our testing of those control features, we did not find any significant deficiencies or material weaknesses in internal control structure,” he said. “So that’s the result that you will want to hear.”
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