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Davidson County auditors give 'unmodified' opinion; report flags sewer fund transfers and budget violation
Summary
Auditors issued an unmodified opinion on Davidson County's 2024 financial statements but the Local Government Commission (LGC) performance indicators and the audit identified issues tied to sewer-fund transfers, a budget ordinance violation and a compliance finding.
Beau Hildebrand, presenting the 2024 audited financial statements for Martin Starnes & Associates, told the Davidson County Board of Commissioners on Jan. 2 that the firm issued an unmodified (clean) opinion on the county's financial statements.
Hil debrand said the county reported about $205 million in general fund revenue for fiscal 2024 and total general fund expenditures of about $166 million. He told commissioners the county's total general fund balance was roughly $138 million and that the “available” general fund balance used by the LGC was about $118 million, giving an available-fund-balance ratio of about 49.54% for 2024.
The audit and LGC data‑input…
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