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City auditors issue disclaimer of opinion for 2022 audit; missing documentation from component units cited
Summary
Independent auditors gave the City of Williamsport a disclaimer of opinion for the 2022 financial statements, citing missing documentation from related authorities and incomplete support for some city items. Auditors and city staff said they expect 2023 to improve if component units provide records and the city supplies additional support.
Zelenkovsky Axelrod, the city’s audit firm, presented the fiscal year 2022 audit to council on May 22 and issued a disclaimer of opinion for the city’s financial statements, saying auditors lacked sufficient documentation and support for certain items and component‑unit information.
Audit partner Kim Stank told council the financial statements were “very similar to prior years” but that the firm issued a disclaimer. Justin Bell (auditor) summarized that the government‑wide statement showed a deficit net position driven largely by…
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