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The Wilson Housing Authority has received a clean bill of financial health from an independent audit that studied the organization's books for the 2016 fiscal year, which ended on Dec. 31, 2016.
The audit was done by the accounting and consulting firm Aprio. It has been submitted to and accepted by the U.S. Department of Housing and Urban Development, which is the primary source of funding for the Wilson Housing Authority.
The audit was presented to the Wilson Housing Authority's Board of Commissioners at its December meeting and it was unanimously approved.
The Wilson Housing Authority annually has its books audited by an outside organization to make sure that it is following the best practices for handling its finances and monitoring the federal grants that it receives through HUD.
"The outside audit is important because it demonstrates to the public that we are handing their money in an efficient and trustworthy way," said Kelly Vick, the president and CEO of the Wilson Housing Authority.
This is the second straight year that the auditor has not found any findings against the housing authority.
Established in 1953, the Wilson Housing Authority's mission is to provide safe, decent and affordable housing to the Wilson community. It currently serves nearly 2,800 residents through both its conventional public housing programs and its partnership with private-sector housing providers through the federal Housing Choice Voucher program.
The housing authority has an annual budget of roughly $8 million dollars and employs 40 full-time workers, more than half of whom work in its maintenance and operations division.