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City finance officials report ongoing 2023 audit, Forvis opt-out paperwork with State Board; 2024 audit start delayed
Summary
City staff said the 2023 ACFR audit remains in review with the State Board of Accounts and that opt-out paperwork and contractor (Forvis) approvals are in process. The delay in finalizing 2023 numbers is holding up the start of the 2024 ACFR (Baker Tilly) work; staff described steps taken and expected timelines.
City finance staff told the committee that the 2023 Annual Comprehensive Financial Report (ACFR) audit remains with the State Board of Accounts and that the city's request to use a private auditor (Forvis) for the 2024 ACFR has been submitted for state review.
A staff speaker reported Forvis helped assemble and submit opt-out documentation to the State Board and that the materials were forwarded internally at the board for review. The…
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