The Town of Boone's financial audit was presented to Boone Town Council December 16.

According to the Democrat, Jason D. Carpenter, a CPA with Combs, Tennant & Carpenter, said his firm's assessment of internal controls didn’t note any findings.

The audit revealed total assets of $118.4 million exceeded total liabilities of $46.8 million, a difference of $71.6 million.

According to the report, the town’s property tax collection rate in 2018-19 was 99.37 percent.