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Independent auditors issue unmodified opinion on Orange County 2024 financials; sales tax and grant rollovers shape results
Summary
Auditors reported an unmodified opinion on the county's December 31, 2024 financial statements, highlighted large year‑end grant rollovers and savings on expenditures, and county finance officials reported sales‑tax receipts running below plan for the recent month and year‑to‑date.
Orange County's independent auditors presented a clean, unmodified opinion on the county’s financial statements for the year ended Dec. 31, 2024, and finance staff summarized major revenue and expenditure variances that drove a larger‑than‑expected addition to fund balance.
Audit results: Melissa, the auditors’ engagement partner, said the audit obtained reasonable assurance and identified no fraud, significant difficulties or disagreement with management. The county received the Government Finance Officers Association certificate of achievement for excellence in financial reporting for…
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