Auditor: City, airport and URA financial statements receive unmodified opinions; no material federal findings

Andrew Sherwood of KDP Consulting presented the fiscal year audit results for the City of The Dalles, the Columbia Gorge Regional Airport and the urban renewal agency, reporting unmodified opinions on the financial statements and on compliance for major federal programs.

Sherwood told the council the audits were performed in accordance with generally accepted auditing standards and government auditing standards where applicable. He said the audits identified no material weaknesses, no significant deficiencies and no compliance findings that required disclosure. "This is exactly what you want to see," Sherwood said when summarizing the schedule of findings and questioned costs.

Sherwood explained the airport and city audits included single-audit testing of major federal programs because those entities had federal award expenditures above the single-audit threshold. For the city the major federal program identified was the Coronavirus State and Local Fiscal Recovery Funds; for the airport, the Airport Improvement Program was listed as a major program.

City finance staff Angie and Lisa were singled out by Sherwood for prompt, complete responses during the audit process.City staff confirmed the audit work improved on the previous year and that there were no post-audit modifications necessary this year.

The council asked a few procedural questions about joint ownership of the airport and the auditor confirmed that the city performs the day-to-day accounting for the airport and the audit work is done using the city's accounting records. The council thanked KDP for the presentation; Sherwood said he expects to return next year for the FY25 audit.

Ending: The council accepted the presentation; no formal council vote was required for the audit report itself.