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City accepts FY2024 audited financial statements; auditors report clean opinion and healthy reserves
Summary
Auditor Wolf presented the FY2024 audited comprehensive financial report and issued an unmodified (clean) opinion; finance director Les Tyler and the auditor highlighted strong fund balances and reserve levels and no internal control deficiencies requiring disclosure.
The commission accepted the city’s Fiscal Year 2024 Audited Comprehensive Financial Report (ACFR) on July 17 after a presentation from the independent auditor. Jeff Wolf, the city’s auditor, delivered the required communications and reported an unmodified opinion on the financial statements — the highest level of…
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