Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Audit committee receives clean audit for FY2023–24; one compliance finding on aquatic center budget
Summary
City auditors issued an unmodified opinion on North Ogden—s FY2023—6 fiscal statements but identified one state-compliance finding that expenditures in the aquatic center special revenue fund exceeded the approved budget. Committee approved minutes from Sept. 12 and later adjourned.
North Ogden—s audit committee on Jan. 9 received a clean audit opinion for the fiscal year ended June 30, 2024, while auditors flagged one state-compliance issue tied to the aquatic center budget.
The committee heard from Ronald (Ron) (lead auditor) of the audit firm, who told members the auditors—opinion is unmodified——commonly called a clean opinion. "The financial statements referred to above present fairly in all material respects ... for the year then ended in accordance with accounting principles generally accepted in The United States Of America," Ron said.
The nut of the report: auditors found the financial statements materially correct and internal controls generally effective, and they reported no findings from the single-audit testing of federal ARPA spending. "We feel like you are in compliance with the single…
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
