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CDE Lightband gets clean bill of health from external audit

Crosslin’s statement to Power Board lists no negative findings

City of Clarksville - Clarksville, TNClarksville, TN – For the sixth consecutive year, CDE Lightband’s annual external audit offers a clean bill of financial health for the city’s power utility, with no findings of fraud or misstatement.

The audit was performed by Crosslin, a Nashville accounting and consulting firm, and covers the fiscal year ending June 30th, 2016. In addition to having no findings, the audit firm issued a clean opinion, with no qualifications. This is the highest level of assurance that an audit opinion can offer.

CDE Lightband Customer Service
CDE Lightband Customer Service

“… During our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. … The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards,” Crosslin wrote in its audit report to the Power Board and CDE Lightband management.

The CDE Lightband Power Board reviewed and approved the audit report on October 25th, 2016.

“CDE Lightband is committed to maintaining the trust of its ratepayers,” said Brian Taylor, CDE Lightband General Manager. “This audit is result of a team effort by our employees who work hard to create and maintain a high level of standards that reflect transparency and integrity within our operations.”

CDE Lightband is a municipal electric and broadband services provider serving approximately 66,000 electric customers and 18,500 broadband customers within the city limits of Clarksville.

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