Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Elizabethtown receives clean audit opinion for fiscal year; city revenues up
Summary
External auditors RFH PLLC presented a draft audit with an unmodified (clean) opinion, reporting $63,804,000 in governmental fund revenues, $59,022,000 in expenditures and a $4,223,000 positive net change in fund balance; enterprise funds for gas and sewer showed combined positive change of $997,492.
Heather Cochran, partner with RFH PLLC, told the Elizabethtown City Council on Dec. 16 that the firm’s first-year audit of the city would issue an unmodified, or "clean," opinion on the financial statements.
Cochran said the clean opinion appears on page 1 of the draft financial statements and that the required secondary report on internal control and compliance showed no material weaknesses or instances of noncompliance. "That's as good as it gets," Cochran said, summarizing the auditors' findings.
Th…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
