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Grant County accepts FY2024 audit despite repeated federal and control findings; management responses noted
Summary
The board accepted the fiscal year 2024 audit, which included an unmodified financial-statement opinion but listed repeated findings and a qualification on one federal program; county staff said many findings are already resolved and provided management responses and corrective plans.
Grant County commissioners voted to accept the county’s FY2024 audit at their May regular meeting after a public presentation by the auditing firm.
Auditor Mister Viner told the board the auditors issued an "unmodified opinion" on the county's financial statements — commonly described as a clean opinion — but noted a qualification on one major federal program’s compliance testing and a number of repeated findings carried forward from prior audits.
Viner said the audit covered the financial statements, major federal programs and state audit-rule compliance testing. He listed repeated and new findings including controls over cash balances, inaccuracies in scheduled expenditures of federal awards, controls over journal entries, capital asset accounting, inadequate policies under uniform guidance, suspension and debarment checks, and late submission of required audit reports.
Commissioner Shelley asked where the board should focus next. Viner and county management said each finding in the audit report includes a management response describing corrective actions and timelines. County Manager Montoya told commissioners the lateness of previous audits contributed to repeated findings because corrective actions could not be implemented before the later report was issued.
Montoya said many items listed as prior findings have already been resolved, and management expects to continue closing the remaining items. The audit had been submitted to the state auditor’s office on March 31.
The board voted to adopt Resolution R-25-31 accepting the FY2024 audit findings and responses. Commissioners discussed plans for follow-up briefings and said staff would circulate management responses and corrective-action timelines for review.
The auditors also flagged an upcoming accounting standard change related to compensated absences (GASB guidance) that will change how the county measures certain liabilities. Viner said implementation of the new guidance could increase reported liabilities related to vacation and sick-leave accruals but would not change prior-period audit opinions.
No budgetary action was adopted at the meeting in direct response to the audit acceptance; commissioners directed staff to provide copies of the detailed findings and management responses and to meet with commissioners to explain priorities for correction.
