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Independent auditors give Peachtree City an unmodified opinion; council praised staff for clean single audit
Summary
Mauldin & Jenkins presented the fiscal year 2024 annual comprehensive financial report to the council, reporting an unmodified (clean) opinion and no audit findings; auditors noted roughly $271 million in assets and a general fund with strong reserves.
Mauldin & Jenkins partner David Erwin told the Peachtree City Council on Tuesday that the firm issued an unmodified (clean) opinion on the city's FY 2024 annual comprehensive financial report and reported no audit findings.
"We are issuing a clean or unmodified opinion on this year," David Erwin said during the presentation. He told the council auditors also issued two compliance reports, including a single audit required when an entity spends more than $750,000 in federal funds; the city reported approximately $1,900,000 in federal expenditures and received a clean single audit…
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