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Town receives clean audit; general fund balance increased about $1 million
Summary
Auditor Christine Knoll reported a clean opinion on the Town of Indian River Shores' Sept. 30, 2024 audited financial statements; general fund balance increased, property tax revenue rose with valuation, and ARPA spending and fund changes were explained.
The Town of Indian River Shores received a clean (unmodified) audit opinion for the fiscal year ending Sept. 30, 2024, the council heard when Christine Knoll of Carr, Riggs & Ingram presented the audited financial statements.
Knoll highlighted that the town’s general‑fund balance increased by approximately $1 million year‑over‑year. Revenues rose roughly $780,000, primarily due to increased property tax values,…
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