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Independent audit issues unmodified opinion; council accepts Riverton fiscal 2023‑24 report
Summary
Auditor Klinger Hagerman presented the City of Riverton’s annual audit for fiscal year 2023–24, issued an unmodified (clean) opinion and reported no significant internal‑control deficiencies. The council unanimously accepted the audit report.
The City Council accepted Jan. 21 the annual financial audit for the fiscal year ended June 30, 2024. Micah Klinger, audit partner at Klinger Hagerman, presented the audit results by phone and reported an unmodified opinion on the city’s financial statements.
Klinger said the audit was performed according to generally accepted auditing standards and government auditing standards. He highlighted that the auditors issued a clean opinion — an "unmodified opinion" — on the basic financial statements and found no reportable deficiencies in internal controls that would rise to the level of a material weakness. Klinger also noted the single‑audit work on federal awards (the schedule of expenditures of federal awards) and the passenger facility charge schedule for the airport; both received unmodified opinions and auditors reported no compliance findings for the major programs tested, including the Coronavirus State and Local Fiscal Recovery Fund and the Airport Improvement Program.
Administrative Services Director Mia (Miss) Harris introduced the engagement and reminded the council that Wyoming Statute 16‑4‑121 requires annual audits for first‑class cities. Council members praised Harris and the finance team for timely preparation and cooperation with auditors.
Why it matters: An unmodified opinion signals that the auditor found the city’s financial statements to be presented fairly in accordance with U.S. GAAP, and the lack of reportable internal‑control deficiencies is the preferred result for municipal audits. The audit also included compliance testing over federal awards and passenger facility charges, both without issues.
Council action: A motion to accept the fiscal year 2023–24 audit passed unanimously.
