Audit reports city of Hugo ‘in good financial standing’

HUGO –– After having to reschedule Tuesday’s meeting to Thursday for lack of a quorum, members of the Hugo city council heard from the CPA who conducted the city’s annual audit.According to David Gandall with DWG Auditing, the audit boasted a clean opinion and the city is in good financial standing. “The city’s total net positions increased by $2,115,094 and the assets of the...