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Council accepts Brown Plus audit; borough posts full 2024 financial report
Summary
Brown Plus presented the borough's 2024 financial statements and issued an unmodified audit opinion; Council accepted the audit and directed staff to post the full report online and in print.
Brown Plus principal Scott Henry presented highlights of Lititz Borough's 2024 financial statements and informed council the firm issued an unmodified opinion, indicating the statements are materially correct under generally accepted accounting principles.
Henry said governmental consolidated capital assets rose by about $200,000, noncurrent liabilities declined roughly $780,000 because of debt payoff and better…
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