Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Auditor reports clean, unqualified opinion for City of Conway, cites stronger reserves and revenue gains
Summary
Smith Sapp CPAs delivered an unqualified audit opinion for the year ended June 30, 2024, reporting a roughly $400,000 increase in unassigned fund balance and revenue growth tied to grants, property taxes and fees.
Nathan Skipper, an auditor with Smith Sapp CPAs, told the Conway City Council on Feb. 3 that the firm issued a clean, unqualified opinion on the city's financial statements for the year ended June 30, 2024.
"There are no material weaknesses or noncompliance issues to report," Skipper said, adding the opinion indicates the statements "present fairly the financial position and operating results…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
