Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Phoenixville council accepts 2024 audit; auditor reports clean opinion and a restatement related to unearned revenue
Summary
An independent auditor presented the borough’s 2024 financial statements, reporting an unmodified opinion with an emphasis on a 2023 restatement for unearned revenue; council voted 8-0 to accept the audit as presented.
Phoenixville Borough Council accepted the borough’s audit for the year ended Dec. 31, 2024, following an auditor presentation that concluded with an unmodified (clean) opinion and an explanatory note on a prior-year restatement related to unearned revenues.
Dale (presenting as the auditor) reviewed key financial statement items, described the separation of governmental and business-type activities (the latter including water, sewer, parking…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
