Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Prattville receives clean FY24 audit, S&P upgrades city bond rating
Summary
Auditor Malden & Jenkins reported an unmodified (clean) FY24 audit for Prattville, noting net position growth and strong reserves; S&P raised the city’s long-term bond rating one notch to double-A.
Auditors from Malden & Jenkins presented the City of Prattville’s fiscal-year 2024 audit to the city council on May 6 and issued an unmodified — or clean — opinion, the firm said in a presentation to the council.
Crystal Veil, engagement director at Malden & Jenkins, told the council the audit provided reasonable assurance that the financial statements are free of material misstatement. The presentation said total assets and outflows increased…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
