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City auditors issue clean opinion for FY2023-24; one Urban Renewal finding noted

2665065 · March 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

External auditors gave McMinnville's fiscal 2023-24 financial statements an unmodified (clean) opinion but noted a single compliance finding: the McMinnville Urban Renewal Agency exceeded appropriations by $2,599.

McMinnville's external auditors presented the city's comprehensive financial statements for the year ended June 30, 2024, and issued an unmodified ("clean") opinion dated Dec. 23, 2024. Tanya Moffett of Marina and Company told the City Council and Urban Renewal Agency that the audit covered the city's annual comprehensive financial report and the McMinnville Urban Renewal Agency financial statements for the period from July 1, 2023, through June 30, 2024.

The audit team applied limited procedures to the management discussion and analysis and certain required supplementary information, and found no restrictions on the audit, no significant difficulties, and no…

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