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Auditors give Bristol a clean opinion for fiscal 2024; general fund balance $21.1 million
Summary
Brown Edwards presented the City of Bristol’s annual comprehensive financial report for the year ended June 30, 2024, reporting an unmodified (clean) opinion, a net position increase of about $8.7 million, and one minor state compliance finding.
Brown Edwards senior manager David Elkins presented the City of Bristol’s annual comprehensive financial report for the year ended June 30, 2024, at the Jan. 7 council meeting and reported an unmodified (clean) audit opinion on the city’s financial statements.
Elkins noted the city’s overall net position increased roughly $8.7 million for the year: about $5.9 million in governmental activities and about $2.8 million in business-type activities. He said most of the…
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