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Finance committee reviews FY24 single audit covering runway grant, ARPA and FEMA funds; no findings reported

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Summary

Finance Committee received the city’s FY24 single audit and FY24 final financial audit report; auditors reviewed three major federal/state funding areas — airport runway grant (about $3.38 million), ARPA funds ($1 million spent in FY24), and FEMA reimbursements — and reported no findings to the committee

The Gardner City Council Finance Committee reviewed the city’s FY24 single audit and the FY24 final financial audit report, covering the airport runway grant, American Rescue Plan Act funds and FEMA reimbursements.

City finance staff told the committee the single-audit work focused on three major funding areas: the airport runway grant (about $3.38 million), ARPA funds (about $1 million spent in FY24) and FEMA reimbursements that were spent…

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