Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City of Nixa receives clean opinion on 2024 audit; single-audit compliance confirmed
Summary
Auditors from Decker and Pace gave the city a clean opinion on its 2024 financial statements and reported no material weaknesses in federal-award compliance after federal grant expenditures exceeded the $750,000 single-audit threshold.
Blake Pace, a CPA with Decker and Pace, told the Nixa City Council the firm issued a clean opinion on the city’s fiscal year 2024 financial statements, meaning the auditors found the financial information free from material misstatement and presented in accordance with government accounting standards.
The clean opinion matters because lenders, bond agencies and residents rely on audited financial statements to judge the city’s fiscal health. Pace said the audit also included additional testing because the…
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
