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McAlester council accepts clean audit for fiscal year ending June 30, 2024
Summary
City auditors presented an unmodified opinion on the city's financial statements and the council voted to accept the audit and single-audit reports with no findings.
LaDonna Senning, a shareholder with Arledge & Associates, told the McAlester City Council the firm issued an unmodified opinion on the city's financial statements for the year ended June 30, 2024, and reported no findings in the single-audit report.
Senning said the firm's opinion was "unmodified" and called the report a "clean opinion," adding that the single-audit review identified the airport improvement program as the single major federal program tested under uniform guidance. She told the council the firm audited at least 40% of federal award expenditures as required and found no reportable deficiencies in compliance or internal control.
The auditor recommended council members review the report pages that summarize findings and the schedule of expenditures of federal awards. She noted the single-audit threshold applies to expenditures (not receipts) and said the firm's testing covered the required major program.
Councilor Gilmore moved to accept the audited financial statements and Arledge's reports; Councilor Woodley seconded. A roll call vote recorded support from Councilor Gilmore, Councilor Woodley, Vice Mayor Beatty, Councilor Roden, Councilor Boatwright, Councilor Stone and the Mayor. The motion carried.
The vote completes the council's formal acceptance of the FY2023-24 financial statements and the single-audit report; staff and auditors said no further corrective action was required based on the audit findings.
The full audit and single-audit documents remain part of the city's public record.
