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Independent auditor issues unqualified opinion on Lemoores FY 2023-24 financials; council hears pension and fund highlights
Summary
An independent auditor told the Lemoore City Council the city received an unqualified (clean) opinion for the fiscal year ended June 30, 2024, and presented fund balances, pension liabilities and recent accounting classification changes while councilors asked questions about pensions and the golf course.
An independent auditor told the Lemoore City Council on May 6 that the citys fiscal year ended June 30, 2024, received an unqualified opinion and that the financial statements show the city in generally sound financial condition.
The auditor said, "We issued an unqualified opinion on the city's books and records," and highlighted major-line items including a total net position of about $169.7 million, a general-fund total fund balance just over $15.2 million and a net decrease in fund balance of roughly $2.4 million for the year.
City officials and the auditor discussed several items the…
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