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Turnpike and Lottery audits earn clean opinions; turnpike reports debt compliance, lottery transfers up sharply
Summary
KPMG reported an unmodified (clean) opinion on the Turnpike System financial statements and debt compliance; the State Auditor's office issued a clean opinion on the New Hampshire Lottery's financial statements and noted strong transfers to the state. Both reports were accepted and placed on file.
KPMG and the Legislative Budget Assistant's audit staff presented audit results to the Fiscal Committee on Jan. 30, 2025. The Turnpike System received an unmodified audit opinion and a debt‑compliance report showing the Turnpike was in compliance with bond covenants. The lottery's financial statements also received an unmodified opinion…
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