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Auditor gives Lapeer County unmodified opinion; general fund ends year with $12.5 million
Summary
Independent auditors presented Lapeer County's annual comprehensive financial report for the year ending Dec. 31, 2024, saying they issued unmodified opinions and highlighting a $12.5 million general-fund balance and strong liquidity; commissioners voted to receive the report.
Lapeer County received its annual comprehensive financial report for the year ending Dec. 31, 2024, after auditors told the Board of Commissioners they issued an unmodified opinion on the county's financial statements.
The auditor, Aaron Stevens, partner at the county's auditing firm, told commissioners that "we did express unmodified opinions on your financial statements. What that means is that the financial statements are fairly presented," and that the opinion is the highest level of assurance under generally accepted accounting principles.
Stevens summarized key measures for commissioners: the county ended…
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