Jul 21, 2026BoardMeeting
BoardVillage of Midlothian Finance Committee Meeting
The committee discussed a proposed water rate increase, presenting comprehensive billing projections based on usage and household size. Discussions also centered on the implementation of a corrective action plan to resolve fiscal issues identified in the prior audit, including protocols for bank reconciliations, manual journal entry reviews, payroll system access, and grant tracking. Other key topics included department transitions, the GEMT report, and recurring reviews of the fiscal year audit.