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Auditors issue clean opinions on Sandy financials but report three control deficiencies, including a recovered payment error
Summary
External auditors reported a clean opinion on the City of Sandy’s financial statements and the Urban Renewal Agency, but disclosed two material weaknesses and a significant deficiency in internal control identified during the single audit; one finding involved an incorrect vendor payment that was recovered.
Colleen Belford, auditor with TKW, told the council the firm issued a “clean opinion” on the city’s comprehensive annual financial statements for the year ended June 30, 2024, and on the Urban Renewal Agency statements. The firm said financial reports were “fairly stated in all material respects.”
The auditors also reported internal control issues discovered during the single audit required because Sandy expends federal funds. Tim Julett, managing partner at TKW, told the council the single audit turned…
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