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City accepts 2024 audit; officials note unmodified opinion and strong fund balance
Summary
Auditors delivered an unmodified opinion on the City of Waupaca’s 2024 financial statements and highlighted increased general fund balances, TIF performance and utility results; council voted to accept the audit and place it on file.
The Waupaca Common Council on Aug. 19 accepted the city’s 2024 financial audit after auditors from Johnson Block & Company reported an unmodified opinion and several financial highlights. Audit supervisor Mikaela (Johnson Block) told the council the audit for the year ended Dec. 31, 2024, produced an unmodified opinion — the highest level of assurance for financial statements — and was issued earlier than the prior year. The audit showed an…
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