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Independent audit: Red Bank reports unmodified opinion, $3.3 million in capital outlay for 2024
Summary
An independent audit presented to the Red Bank Board of Commissioners showed an unmodified (clean) opinion for fiscal year 2024, net increase in the general fund, and $3.3 million in capital outlay across public safety, public works and parks.
The city’s independent auditors told the Red Bank Board of Commissioners that the fiscal 2024 financial statements received an unmodified opinion and that the general fund ended the year with a modest increase while the city invested about $3.3 million in capital projects.
Brian Wright, a partner at Johnson, Murphy & Wright, presented the audit and highlighted the government‑wide…
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