Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Independent auditor gives San Juan County a clean opinion on 2024 finances; urges earlier component‑unit filings
Summary
Larson & Company presented the county’s fiscal‑year 2024 audit and issued an unmodified (clean) opinion on the financial statements and federal single audit; auditors reported no current‑year findings, noted new lease accounting rules (right‑to‑use assets), and recommended component units submit reports earlier to speed consolidation.
An independent auditor told San Juan County commissioners on Sept. 2 that Larson & Company had issued an unmodified opinion — a “clean” opinion — on the county’s fiscal‑year 2024 financial statements and its federal single audit. John Hatterley of Larson & Company reviewed the audit and highlighted several items the commission should note.
Why it matters: an unmodified opinion signals that the auditor found the county’s financial statements fairly presented in accordance with accounting standards; the single audit also produced no findings for major federal programs, including the American Rescue Plan Act (ARPA).
Hatterley…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
