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Independent auditors give Dayton clean opinion on 2024 financials; fund balances and water/sewer trends highlighted
Summary
Burke (auditor) presented the 2024 audit, delivering a clean opinion on financial statements, noting a common segregation-of-duties finding, and summarizing increases in tax capacity, general fund balance growth, and water/sewer fund activity.
The council received a presentation of the city’s 2024 financial audit, which auditors summarized as a clean opinion on the city’s financial statements and no instances of noncompliance with state statutes tested.
Janelle, the lead auditor from Burke (presented as the auditor for the city), said the independent auditors’ report presents the financial statements fairly in all material respects. Their report under Government Auditing Standards noted 1 internal-control finding: lack of segregation of accounting duties because of limited staffing — a common issue for municipalities the city’s size. The State…
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