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Northampton County GPA approves 2024 audit with unqualified opinion
Summary
The Northampton County General Purpose Authority approved its 2024 audit after a presentation from Riley and Company. Auditors reported an unqualified (clean) opinion, $30.5 million in total assets and a positive change in net position driven largely by P3 capital grants.
The Northampton County General Purpose Authority on April 1 approved the authority's 2024 financial audit, which auditors told the board carried an unqualified, or "clean," opinion.
Riley and Company auditor Jay Greg Bellini presented the draft 2024 audit, saying, "we have an unqualified or clean opinion on the financial statements." Bellini summarized key figures: about $1.04 million in cash, approximately $23,000 in restricted cash, total capital assets near $29 million (including bridges in service)…
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