Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Wellington receives clean audit for 2022 financial statements
Summary
Town Finance Director Nick Redavid told the Board of Trustees the 2022 financial statements earned a clean opinion from independent auditors; the report was accepted by the state auditor and shows a $3.8 million increase in net position for 2022.
The Wellington Town Board of Trustees heard a presentation March 24 that the town's fiscal year 2022 financial statements have earned a clean opinion from independent auditors.
Nick Redavid, finance director and town treasurer, told the board the independent auditors' report for the year ending Dec. 31, 2022, was completed Jan. 30 and has been accepted by the Colorado Office of the State Auditor. He said the report is included in the board packet and posted on the finance department page of the town website.
The audit shows the town's total net position for all funds on Dec. 31, 2022, at about $107.5 million, an increase of roughly $3.8 million over the previous year.…
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
