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Council accepts auditor’s unmodified opinion on FY2023–24 financial statements; one budget line overspend noted

2122795 · January 15, 2025
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Summary

The council accepted the independent auditor’s unmodified (clean) opinion on the city’s comprehensive financial report for the fiscal year ended June 30, 2024; auditors noted an expenditure category overspend in the street fund caused by a late vendor invoice.

The Troutdale City Council accepted the independent auditors’ report and approved the city’s financial statements for the fiscal year ended June 30, 2024, at its Jan. 14, 2025 meeting. The auditors issued an unmodified (clean) opinion, and no internal-control deficiencies were reported.

Eric Mueller, finance director, summarized the annual comprehensive financial report and the auditors’ findings. The audit produced an…

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