SHIRLEY — Even though its contract calls for an annual audit, a review is all that’s needed for Shirley Public Access Corp. (SPACO), said group representative Hugh Muffoletto.
An audit covers a big scope, while this is a small operation, Muffoletto said at the Oct. 15 Board of Selectmen meeting.
“Several accounting firms,” including Dexter and Stevens, have said an audit isn’t necessary given the relatively low revenue SPACO takes in, he said. “They felt a review was adequate.”
The contract drafted between Comcast and the town “may have been overstated,” he said.
The selectmen didn’t object to changing the rules to align with the cable group’s assessment, but Chairman Leonardo “Chip” Guercio said the move should be consistent.
Town administrator Kyle Keady pointed out that SPACO’s bylaws also call for an audit, which could cost up to $7,000.
The selectmen decided not to vote until SPACO comes back with a new bylaw to cover the proposed change. The matter will be taken up again at that time. — M.E. Jones