Audit Committee prioritizes Municipal Light Plant for detailed FY2026 review
Wellesley Audit Committee charts detailed review of Municipal Light Plant finances. Chair Charles Cassidy opened the hybrid meeting with new members Gail Sullivan and Patricia Quigley, completing the committee's roster. CBIZ Managing Director Laura Stone walked the committee through its FY2026
Audit Committee · Meeting of May 12, 2026
Wellesley Audit Committee charts detailed review of Municipal Light Plant finances. Chair Charles Cassidy opened the hybrid meeting with new members Gail Sullivan and Patricia Quigley, completing the committee's roster. CBIZ Managing Director Laura Stone walked the committee through its FY2026 audit plan covering three areas: General Accounts, the Municipal Light Plant, and Retirement accounts.
The committee decided to examine Municipal Light Plant finances in detail following recent accounting-staff turnover and to conduct a site visit to the Recycling and Disposal Facility. Executive Director Meghan Jop briefed the committee on town operations, including successful Annual Town Meeting completion, ongoing union contract negotiations, and the launch of a new Town-Wide Capital Planning Committee.
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Source: the Audit Committee meeting of May 12, 2026, compiled from the official minutes.
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