In a recent Shawnee County Commission meeting, external auditor Jacob Hallman presented the findings from the 2024 financial statement audit and the compliance audit of federal funds. The meeting highlighted the county's financial health and compliance with auditing standards, providing a positive outlook for the community.

Hallman, a partner at Fort Vis Mazaars, reported that the audit process was smooth, with management demonstrating professionalism and cooperation. He emphasized that the county received a clean or unmodified opinion on its financial statements, indicating that they are materially accurate and comply with required disclosures. Notably, there were no material audit adjustments, suggesting that the financial information provided by the county was reliable.

The audit also addressed the adoption of new accounting standards, specifically GASB 101, which pertains to compensated absences. While this adjustment was necessary, Hallman noted it did not materially impact the financial statements. Additionally, the county successfully navigated the compliance audit for approximately $16 million in federal funds, particularly regarding the coronavirus relief fund, with no control findings reported.

Commissioners expressed satisfaction with the audit results, with a motion to acknowledge the receipt of the audit findings passing unanimously. County officials took the opportunity to thank staff and department heads for their contributions to the audit process, underscoring the collaborative effort involved.

Overall, the meeting underscored the county's commitment to transparency and fiscal responsibility, with the successful audit reflecting positively on its financial management practices. As Shawnee County moves forward, these findings will likely bolster public confidence in its governance and financial stewardship.