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Hughson City Council accepts FY2023–24 audited financial report
Summary
The Hughson City Council reviewed and accepted the citys fiscal year 202324 audited financial report, which shows a total net position of about $108 million and several prior-period adjustments to enterprise funds.
The Hughson City Council on Tuesday accepted the citys fiscal year 202324 audited financial report after a presentation by finance staff.
Finance staff member Kim told the council the audit was a "con-modified opinion," the highest audit opinion, and that the city's total net position was "about a hundred and $8,000,000." Kim said about $41,793,000 was attributed to governmental activities and…
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