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Auditor gives City of West Columbia clean opinion on FY2023–24 financial statements

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Summary

Independent auditors reported the city’s financial statements are correct in all material respects and highlighted reserves, interest income and fund balances supporting future capital projects.

An independent audit of the City of West Columbia’s fiscal 2023–24 financial statements received a clean opinion from the city’s auditors, who reviewed internal controls, compliance and several note disclosures.

Bill Hancock, the presenting auditor, told the council the audit opinion indicates the financial statements “are correct in all material respects,” and that users of the statements can rely on them for decision-making. Hancock said the auditors also tested compliance with…

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