Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
CLA audit: Luzerne County receives unmodified opinion; pension funded ratio near peer average
Summary
Auditors from CLA delivered an unmodified (clean) opinion on Luzerne County’s financial statements for the year ending Dec. 31, 2024, highlighted a pension funded ratio near national averages, discussed GASB and federal reporting trends, and noted that fund balance matches best-practice guidance.
Auditors from CLA told Luzerne County Council they issued an unmodified (clean) audit opinion for the county’s financial statements for the year ended Dec. 31, 2024, and identified no material weaknesses in internal controls. Remy Omasour, a CLA principal, presented highlights and industry trends and answered council questions.
"We issued our audit opinion on the financial statements June 30, in line with the requirements and statue," Remy Omasour said, concluding the audit work that CLA performed this year. The audit found no material weaknesses or significant deficiencies required to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
