MT. ZION PSD AUDITS NOT DONE FOR 2007-08 - CPA Resigns Over Lack Of Records

(12/24/2009)

By Bob Weaver There are worsening problems for the beleaguered Mt. Zion Public Service District. Required audits for 2007 and 2008 have not been done, according to the PSD's accountant, because of the lack of financial records. A certified public accountant hired by the Mt. Zion PSD has resigned, stating there is a failure of the district to provide financial records to complete the 2007 and 2008 annual audits. Audits are required by the West Virginia Public Service Commission. CPA Lisa K. Thornburg Of Milton indicated she is returning some partial records to the PSD she received from former Mt. Zion PSD secretary-treasurer Wilma Mace. In a letter to the WV Public Service Commission and the district, Thornburg and her associate, David Snowden are "returning all records by December 18, 2009..." Thornburg, in a letter to the PSD, also says, "Outstanding fees owed for preparation of the 2008 annual PSC reports in the amount of $1,200 is due." "We will also be pursuing collection of the outstanding fees owed," she said. The Calhoun Commission requested an investigation of the PSD by the WV Public Service Commission, after secretary-treasurer Mace would not provide financial statements. The commission, over a period of months, also discovered that the PSD had not obtained right-of-ways for a $5.2 million water project for Calhoun citizens. The commission, holding meetings with Mace, PSD board members and engineer Jim Hildreth, discovered little if any action had been taken with the right-of-ways within a year. At that time, the commission gave a hand to the PSD to obtain the right of ways, and get the project unstuck. The West Virginia Public Service Commission has extended the time frame for conclusions regarding their investigation until July, 2010.

Hur Herald ®from Sunny Cal The information on these pages, to the extent the law allows, remains the exclusive property of Bob Weaver and Dianne Weaver The Hur Herald. All information may be freely used but must not be sold or used in any type of commercial endeavor, or used on any web site without the express permission of the owners ©Bob and Dianne Weaver, The Hur Herald, 1999, 2000, 2001