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New Iberia audit shows improved finances, two repeat findings corrected
Summary
An independent auditor told the New Iberia City Council the city’s fiscal 2024 financial statements show stronger revenues, a small surplus and fewer audit findings than the prior year; the council accepted the audit report.
An independent auditor presented the City of New Iberia’s fiscal year 2024 financial report and told the City Council the municipality’s finances improved compared with the prior year.
Calder with Calder Slave and Company presented the audit for the year ending Oct. 31, 2024, saying the city’s total audited revenues rose to $49.3 million and the city closed the year with a $115,000 surplus. “You budgeted a shade over $48,000,000. You brought in $49,300,000 — 1 million and 3 more than you thought,” the auditor said. He also told the council the number of formal audit findings fell from 11 the prior…
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