City auditor delivers clean opinion on Seaside’s 2023–24 finances; council accepts report

Seaside’s external auditors presented an unqualified, or “clean,” opinion on the city’s financial statements for the fiscal year ending June 30, 2024, and the City Council formally accepted the audit at its March 10 meeting.

Rick Pru, of auditing firm Kern & Thompson, told the council the firm followed generally accepted auditing standards and governmental auditing standards in issuing the opinion and that their testing of transactions, internal controls and compliance found the statements to be “fully stated” for the year ending 06/30/2024. “In our opinion, these statements are fully stated as of and before the end of the year,” Pru said.

Nut graf: The independent audit shows Seaside’s combined net position rose about $5.5 million compared with the prior year, total revenues increased from roughly…