State to examine iProvo's books

Published January 15, 2008 1:47 am
After balking, the city decides to share its accounts receivable
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When the state Auditor's Office asked for iProvo's accounts receivable records last month, Mayor Lewis Billings said there might be a problem with nondisclosure agreements the city signed with service providers.

But last week, the city determined that sharing the records with the state auditor was not violating the contracts. Finance Director John Borget said auditors are allowed to review financial records - even though nondisclosure agreements exist.

The state is reviewing iProvo's records after receiving a call on the state's hot line that providers were overdue on payments. The city's financial report shows that providers owed iProvo about$1 million.

Among those providers are Veracity, Nuvont Communications and MStar. Each leases bandwidth on iProvo and offers telephone, television and Internet service to subscribers.

Borget would not say which were supposedly behind in payments.

But Mike Jasper, Veracity Communications vice president of operations, said his company is not one of them.

Likewise, Lincoln Hall, Nuvont's chief operating officer, said his company has been current in its payments to iProvo.

Attempts to contact MStar were not successful. The company did not return several phone calls left with its office.


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