The Metro Department of Finance will conduct a “full financial and operational review” of the Nashville Farmers' Market after finding shortcomings in how the market operates, according to Mayor Karl Dean's office.
On Thursday, the Farmers' Market board asked for the detailed review, which comes after an initial review of tenant billings and financial operations. A memo from Director of Finance Rich Riebeling said the examination found instances of billing irregularities, inconsistent lease agreements, discrepancies in alcohol revenues and lack of policy enforcement.
Dean said, “Our job is to make sure that departments are run responsibly and serve as good stewards of public funds. I expect prompt remedial action to the issues uncovered by our Finance Department.
“I feel strongly that the Farmers’ Market can be so much more than what it is today. It is a gem in our city, and I would like to see it develop into a major attraction where individuals have access to fresh, local produce and information about healthy food choices. To do that, we must first ensure that the resources we put toward it are used in the proper way. I will continue to monitor the situation closely.”