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External auditor gives town a clean 2024 opinion, finds ARPA spending compliant
Summary
Dresher Malecki delivered a clean (unmodified) opinion on the town's 2024 financial statements and reported no reportable findings on its single-audit review of American Rescue Plan Act (ARPA) spending, while noting required GASB reporting items and management letter recommendations.
An external audit presented at the town board's Feb. 19 budget hearing concluded that the town's 2024 financial statements fairly present its financial position and that ARPA grant spending tested was compliant with federal rules. Corey Spencer Scoble, senior manager for Dresher Malecki, told the board the firm issued an unmodified (clean) opinion for the fiscal year ended Dec. 31, 2024 and identified no reportable findings in either the financial statement audit or the single-audit testing of ARPA funds.
The audit team reviewed major funds including garbage, sewer, highway and general fund trends, and flagged changes the town should track under Governmental Accounting Standards Board (GASB) pronouncements. "For the 12/31/24 year, we provide an unmodified or a clean opinion, and we also did not have any reportable findings for this year's audit," Scoble said.
Why it matters: A clean opinion signals the auditors believe the…
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