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In November 1991, two of the Council members present during the receivership were replaced. The racial balance of the prior Council was four whites (including the Mayor) and three blacks. At present, the racial make-up of the Council is three whites (including the Mayor) and four blacks.
Often, voting is along racial lines and the requirement to demonstrate minority involvement in contracts has increased. One of the initial actions taken by the Council elected in November 1991 was to terminate Ernst & Young, the auditors present throughout the receivership and the 1991 fiscal year. Jack Martin & Company, a minority-owned accounting firm, was hired to perform the 1992 audit effort. As of the date of this Report, the audit for the year ended June 30, 1992 was incomplete.
