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Auditors present delayed FY2023 financial report; city staff working to clean records
Summary
James Moore & Company presented the City of High Springs' fiscal year 2023 audit, citing late delivery of trial-balance data, extensive cleanup of the general ledger and six internal-control findings. Auditors and staff said corrective steps and policies are in place and they plan to begin FY2024 procedures in mid-July.
James Moore & Company presented the City of High Springs’ fiscal year 2023 audit on the commission meeting agenda, and the auditor told commissioners the audit was late because the city supplied trial-balance numbers with classification and coding problems.
Bridal McKittrick, director with James Moore and Company, said auditors received the city’s numbers April 24 and prioritized High Springs’ work so they could issue the report June 16. “These financial statements are your financial statements,” McKittrick told the commission, adding the firm typically turns an audit in four to six weeks if it receives clean trial-balance data.
The audit included the standard opinion, a single-audit report for grant spending and an internal-control and compliance report. McKittrick said grant testing showed no…
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