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City auditors issue clean opinion; sales-tax receipts running above budget, city finance staff says
Summary
Auditors from Craft CPAs presented the City of Hendersonville’s June 30, 2024 comprehensive financial report and issued a clean opinion; city finance staff reported sales-tax receipts running about 106–107% of budget while hotel-motel receipts lagged and a grocery tax rate change was factored into year-end estimates.
At the Jan. 28 Finance Committee meeting, auditors from Craft CPAs presented the City of Hendersonville’s annual comprehensive financial report for the year ended June 30, 2024 and reported a clean audit opinion. Senior staff from the finance office also briefed the committee on current revenue trends, including sales-tax collections running ahead of budget.
Audit findings and opinion
Ken Youngstead, a partner with Craft CPAs, and Julie Evans, senior manager on…
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