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County auditors issue clean opinion; report shows general‑fund decline and long‑term liabilities
Summary
External auditors presented an unmodified (clean) opinion on Tompkins County—s 2024 financial statements, noting no audit findings, while the county recorded a general‑fund decrease and an unrestricted net deficit driven largely by actuarial pension and OPEB liabilities.
Tompkins County received an unmodified ("clean") audit opinion for its 2024 financial statements, auditors said at the Budget, Capital and Personnel Committee meeting on Aug. 14.
The county's external auditors from Ancero, led in the meeting by Conrad White, audit manager, told legislators the audit identified "no material weaknesses, no significant deficiencies in the control system, no noncompliance with laws and regulations" and that "we had no findings in this year's audit." The auditors also explained the county underwent a federal single audit because it spent more than $750,000 in federal funds.
The audit presentation said the county reported about $258 million in total revenues…
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