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County auditor presents 2024 financial report: clean opinion but single-audit weakness on procurement
Summary
The county's 2024 Comprehensive Annual Financial Report received an unmodified (clean) opinion, but the single-audit found material weaknesses tied to procurement/documentation for certain state grant expenditures; auditor and external firm outlined corrective steps and staffing needs.
El Paso County's 2024 Comprehensive Annual Financial Report (ACFR) received an unmodified opinion from external auditors, the county auditor reported July 28 — a clean audit of the financial statements — but the single-audit (grant compliance) contained a material weakness tied to procurement documentation for certain state programs.
The nut graf: External auditors told commissioners the major issue involved procurement and contract routing for purchases charged to a state-funded program, which repeated from a prior year because audit timing and contract…
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