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Transportation Commission accepts Metro Transit 2024 financial audit; auditors report unmodified opinion
Summary
Baker Tilly presented Metro Transit's 2024 audited financial statements and the Transportation Commission voted to accept the audit after the firm reported an unmodified opinion and no compliance findings on federal grants.
The Madison Transportation Commission voted to accept Metro Transit's audited financial statements for the 2024 fiscal year after auditors from Baker Tilly reported a clean (unmodified) opinion and no compliance findings in single-audit testing of federal and state grants.
Baker Tilly's lead auditor, Jody Dobson, told the commission the audit required adjustments to restate some 2023 items but those corrections were made by Metro Transit management and did not affect the firm's clean opinion.…
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