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Auburn auditors issue clean opinion on FY2023–24 financial statements; single audit also clean
Summary
External auditors I Bailey presented an unmodified opinion on the City of Auburns fiscal year 202324 financial statements and a clean single-audit report, while identifying corrected misstatements and four findings that staff will address.
Auditors from I Bailey told the Auburn City Council on March 2025 that they issued an unmodified ("clean") opinion on the City of Auburn's fiscal year 202324 financial statements and a clean single-audit report, Finance Director Gretchen Johnson said during a presentation.
The finding is significant because a clean opinion means the auditors concluded the city's statements fairly present its financial position under generally accepted accounting principles. I Bailey partner James Ramsey said auditors issued the financial-statement report on Dec. 30, 2024, and the single-audit opinion in January 2025.
Ramsey said the engagement covered the city's financial statements, the schedule of federal…
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