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Village of Cross Plains accepts 2024 audited financial statements showing $7 million year‑end fund balance
Summary
Auditors presented the 2024 draft financial statements and explained key findings including an unmodified opinion, increased fund balance and TIF improvements; the board voted to accept the audit.
Village of Cross Plains trustees voted Tuesday to accept the village’s 2024 audited financial statements after a presentation by the audit firm Johnson and Company.
The auditors, represented by Fred Hoffmeister, partner at Johnson and Company, told trustees the draft report would be issued in final form once a management representation letter is returned and there were no material exceptions: “Our report will be unmodified, so that means the financial statements are in accordance with GAAP,” Hoffmeister said during his…
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