Commissioners accept 2023 audit with qualified opinion on judicial receivables; two recurring internal‑control findings noted

Young County Commissioners accepted the county’s 2022–23 audit at the Feb. 24 meeting after an auditor’s presentation that highlighted both positive financial results and recurring concerns about internal controls.

Mike Edgen of Edgen Perkin Employment presented highlights of the audit. He said the report included a qualified opinion related to judicial receivables that had not been recorded and that certain audits were delayed by turnover in the treasurer’s office. The report showed a government‑wide net position of about $30.1 million and a general fund unassigned fund balance of roughly $9.6 million.

Edgen said the single‑audit of federal recovery funds—related to American Rescue Plan Act monies exceeding the federal threshold—produced no findings. The auditors did report two repeat findings under government auditing standards: (1) material audit adjustments and (2) unfavorable budget variances in the general fund. The auditors also noted matters such as bank‑reconciliation lapses in some fee offices, outstanding checks that require follow‑up, and an expired depository agreement that remains unresolved.

Edgen and court members discussed fund balance guidance; the Government Finance Officers Association’s benchmark of three to six months was mentioned.

Action taken: The court voted 5–0 to accept the audit and directed staff to continue addressing the items noted in the auditor’s management letter. The auditor said the county’s 2023 results were generally positive despite the control issues and that the office expects to make progress on the 2024 audit.

Ending: Commissioners said they will follow up with the treasurer’s and auditor’s offices to resolve outstanding reconciliation, policy and documentation items before the next audit cycle.