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City finance presents 2024 annual financial report; auditors issue unmodified opinion
Summary
Moorhead finance staff presented the 2024 Annual Comprehensive Financial Report; audit partner Jamie Fay of EideBailey reported unmodified opinions on the financial statements and on the federal single audit and said there were no findings in financial, federal awards, or Minnesota legal compliance testing.
Moorhead’s finance manager, Megan Zradka, told the City Council on June 23 that the city completed its 2024 audit and prepared the 2024 Annual Comprehensive Financial Report (ACFR). Zradka asked that the council formally receive and file the report.
Audit partner Jamie Fay of EideBailey presented an executive summary and said the auditors issued an unmodified (clean) opinion on the city’s 2024 financial statements and an unmodified opinion on the federal single audit covering federal awards. Fay said the auditors specifically…
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