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Warrenton auditors give city an unmodified opinion; long‑term debts fell about $4 million
Summary
External auditors UHY issued an unmodified (clean) opinion on Warrenton's financial statements for the year ending Dec. 31, 2024, and reported about $4 million in reductions in long‑term debt, while pension funding remains below typical targets.
Alan Schulte of UHY presented the audit of the city of Warrenton for the year ending Dec. 31, 2024, and said the firm "issued an unmodified or clean opinion," meaning the financial statements are, in his words, "fairly stated in accordance with GAAP." Schulte told the Board that long‑term debt showed the largest variance from the prior year, with an "almost $4,000,000 decrease in the outstanding debt." He said roughly…
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