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Hawaiian Gardens audit issues unmodified opinion; casino taxes remain largest revenue source
Summary
Auditors issued an unmodified opinion on the City of Hawaiian Gardens' financial statements for the year ended June 30, 2024, reporting a $52.5 million net position and noting casino-related business license taxes as the largest revenue source.
Matthew Linton, an audit partner with Gruber and Lopez, told the City Council on Jan. 8 that the firm issued an unmodified opinion on the City of Hawaiian Gardens’ financial statements for the year ended June 30, 2024.
Linton said the audit found no material weaknesses or significant deficiencies in internal controls and no material noncompliance under government auditing standards. “An unmodified opinion is the highest opinion the auditors can issue,” he told the council.
The audit prese…
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