City auditor reports FY2024 audit shows healthy fund balance but general fund had a net decrease
The city's auditor presented the fiscal year 2024 audit: total assets and a large fund balance were reported, while the general fund experienced expenditures exceeding revenues and a net decrease after transfers. The audit and related financial details were made available to council and the public.
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City auditor James Whitaker presented the audit for the fiscal year ending June 30, 2024, summarizing key financial results to the mayor and council.
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