Water system audit shows increased value
Wednesday, 30 March 2011 15:16
Written by Jessica McCarthy
The Holley-Navarre Water System was audited by O’Sullivan Creel of Pensacola, which is the firm that has been auditing HNWS for the last 16 years.
Marvin Beasley Jr., a certified public accountant with O’Sullivan Creel, gave a presentation to the board where he explained the audit and the firm’s opinion.
Beasley said the HNWS has a total member equity of $44 million and that speaks well of the board’s predecessors and the way this system is run.
For more on this story, see the March 31 edition of the Navarre Press or subscribe online.