During the North Smithfield Town Council meeting held on April 7, 2025, significant concerns were raised regarding the town's financial management, particularly in relation to tax revenue discrepancies and the need for a performance audit of the finance department.
Resident Mike Clifford addressed the council, reiterating his long-standing request for an audit of the tax records. He highlighted a troubling discrepancy between the adopted budget for current year tax revenue, which was set at approximately $34 million, and the actual amount collected, reported at over $35 million. This $611,000 surplus raised alarms for Clifford, who argued that such a significant over-collection was unusual and warranted further investigation.
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Subscribe for Free Clifford expressed skepticism about the explanations provided in the audit report, which suggested that the higher collection rate could be attributed to various factors, including the use of a collection agency and adjustments related to automobile taxes. He questioned the validity of these claims, asserting that they did not align with standard practices for current year tax collections. His call for a performance audit aimed to ensure that the tax assessor and finance director were accurately managing the town's financial records.
In addition to the tax revenue issues, Clifford briefly touched on the topic of debt limitations within the town's charter, specifically regarding the TIF bond and its requirement for voter approval. He requested a legal opinion on this matter, indicating a desire for clarity on the council's obligations under the charter.
The discussions during this meeting underscore ongoing concerns about financial oversight in North Smithfield. As residents like Clifford continue to advocate for transparency and accountability, the council faces pressure to address these issues effectively. The implications of these discussions could lead to significant changes in how the town manages its finances and engages with its community. The council's next steps in addressing these concerns will be closely watched by residents seeking assurance that their tax dollars are being handled appropriately.