City auditors give 2 Rivers a clean opinion but note internal control findings and utility cash strains
CliftonLarsonAllen presented the independent audit of the City of 2 Rivers for fiscal year 2024, reporting an unmodified (clean) opinion, two internal control findings, material accounting adjustments, continued interfund borrowing, and utility-specific cash and rate considerations.
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CliftonLarsonAllen, the city's independent auditors, presented the fiscal year 2024 audit Monday and issued an unmodified (clean) opinion on the city's financial statements while flagging two internal control findings and several material adjustments.
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