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Sebastian receives clean FY2024 audit; report notes control gaps and cleared findings
Summary
Auditor delivered a clean opinion on the fiscal year ended Sept. 30, 2024, noting revenue increases, ARPA expenditures, airport grant‑funded assets, and a small number of control findings tied largely to staffing gaps.
A partner from auditing firm Carr, Riggs & Ingram told the Sebastian City Council on April 9 that the city received an unmodified (“clean”) audit opinion for the fiscal year ending Sept. 30, 2024.
“My name is Christine. I am the partner that oversaw your financial statement audit,” the auditor said, summarizing results. The general fund showed an increase in revenues of about $1.2 million—driven mainly by property taxes—and expenditures rose roughly $780,000, largely from wages and insurance. The audit reported a net addition of approximately $808,000 to fund…
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