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Chandler City Council unanimously accepts city's FY2024 audited financial report
Summary
Council approved Resolution 5867 to accept the annual comprehensive financial report for the fiscal year ending June 30, 2024, after a presentation from the city's auditor noting a clean opinion and no internal control deficiencies.
The Chandler City Council voted unanimously Jan. 23 to adopt Resolution 5867 accepting the city's annual comprehensive financial report (ACFR) for the fiscal year ended June 30, 2024.
The vote followed a presentation by the city's accounting senior manager and the audit firm's lead, who told the council the audit produced an unmodified opinion and identified no internal control deficiencies. "The city received an unmodified audit opinion that was dated December 20, 2024. An unmodified opinion in non accounting speak is a clean opinion," said Joshua Jumper of Heinfeld Meech & Co., the audit firm that conducted the review. Julie Gosher, the city's accounting senior manager, introduced the item to the council.
Why it matters: an unmodified (clean) opinion and the absence of internal control deficiencies are central to demonstrating the city's financial stewardship to residents, grantors and bondholders. The council must accept the ACFR publicly under state law and federal requirements for audited entities that receive federal funds.
Heinfeld Meech & Co. reported audit procedures began in May 2024 with four on-site visits (July, August, October and November) and supplemental remote work. Jumper also told the council the audit included a single-audit review of federal dollars and other compliance procedures tied to state and federal programs. He noted the city continues to expend federal COVID-19 grant funds in FY24, which requires focused audit attention.
Councilmember Orlando moved to approve the resolution; Councilmember Poston seconded. The council took a voice vote: Vice Mayor Ellis, Councilmember Poston, Councilmember Orlando, Councilmember Harris (appearing virtually), Councilmember Hawkins and Mayor Hartke voted yes. The chair declared the motion carried unanimously.
The ACFR and related audit letters'including the auditor's communication to those charged with governance, management representation letter and single-audit reports'were included in the council's agenda packet and are posted on the city's website for public review.
