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Newton County auditors issue clean opinion; general fund balance grows
Summary
External auditors Mauldin & Jenkins issued an unmodified opinion on Newton County's FY2024 financial statements and single audit, noting no material weaknesses. The county reported a $23.2 million increase in net position and an unassigned general fund balance equal to about eight months of operating expenditures.
Newton County's external auditors reported a clean, unmodified opinion on the county's fiscal 2024 financial statements and on its required single audit, the auditing firm said at the Feb. 4 Board of Commissioners meeting.
The audit presentation, delivered by David Irwin of Mauldin & Jenkins, said the auditors found the financial statements "fairly presented in all material respects in accordance with generally accepted accounting principles," and that the single audit required for federal expenditures also received an unmodified opinion.
The auditors told commissioners the county ended FY2024 with…
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