Hillsboro City Commission

Hillsboro City Auditor Ashley Frederick reassured commissioners Monday that the city’s finances aren’t as messy as she described at their last meeting. 

“There’s money in the bank,” Frederick told city leaders.

The problem, she explained, is the fund accounting. “We’ve never been able to reconcile the bank statements” with the city’s accounting software system, Banyon. 

“But we can get the books cleaned up,” she pledged.

Despite working with the state auditors over several weeks, there remains a $5,000 discrepancy in the bank accounts, she said.

Between July 2018 and March 2019, no reconciliations were done. The time frame coincides with when Matt Mutzenberger was hired as city auditor.

He left the city’s employment after coming under fire in May 2020. Frederick was hired in September 2020. 

Frederick credited assistance from former city auditor Mark Forseth with helping her staff move the accounting back to Excel spreadsheets and facilitate the reconciliation process.

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