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Independent auditors give city a clean opinion and report $1.8 million net increase in general fund
Summary
Auditors reported an unmodified opinion for the city's 2024 financial statements and told council the general fund showed about $1.8 million positive change driven largely by transfers and investment income.
Amanda Mboga, the audit manager, told the council the independent audit of the city's 2024 financial statements resulted in an unmodified — or "clean" — opinion. Mboga said the city's governmental funds produced a net positive change in fund balance of about $1.8 million for 2024, with revenues and other financing sources totaling roughly $10.8 million and expenditures and other uses totaling about $9.0 million. She said the largest revenue positive variance…
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