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Audit committee says FY24 audit received unmodified opinion, recommends placing report on council agenda

2212705 · January 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Owasso audit committee reviewed the city's fiscal year 2023–24 annual comprehensive financial report, received an unmodified opinion from the independent auditors, and recommended the audit be formally noticed for the next city council agenda.

The audit committee of the Owasso City Council reported that the city's fiscal year 2023'24 annual comprehensive financial report received an unmodified opinion from the independent auditing firm BT and Co.

The committee, chaired by Robert Kurfman, told the joint meeting Jan. 14 that auditors provided an unmodified opinion on the city's financial statements and on the compliance audit for federal grants. "The audit committee was satisfied with the reports and related information and has no concerns to relate to the council in relation to the audit or the city's financial condition,"…

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