Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
External auditors give Cape Coral unmodified opinion on FY24 ACFR; auditors report no findings in single-audit testing
Summary
Malben & Jenkins delivered an unmodified (clean) opinion on Cape Coral's FY2024 Annual Comprehensive Financial Report; auditors reported no findings on the single-audit major programs. City staff highlighted net asset growth and FEMA reimbursements that supported the city's fiscal position.
Malden & Jenkins, the city's external audit firm, reported an unmodified (clean) opinion on Cape Coral's Annual Comprehensive Financial Report for the fiscal year ended Sept. 30, 2024, and the city reported no audit findings in the external auditors' single-audit of major federal and state programs.
Wade Sansbury, audit partner with Malden & Jenkins, told the Committee of the Whole the city received a clean opinion on its financial statements and had no reportable audit findings, material weaknesses or significant deficiencies. "This was our very first year helping out the city with your overall audit process... The back of the report are our compliance reports... I'm very happy to report that we had none," Sansbury said.
Context and key…
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
