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Council acknowledges receipt of FY23–24 annual comprehensive financial report; auditors report single audit material weakness related to timing of federal audit
Summary
The council voted to acknowledge receipt of the fiscal year 2023–24 Annual Comprehensive Financial Report (ACFR) and heard an audit presentation from Patillo, Brown & Hill.
The council voted to acknowledge receipt of the fiscal year 2023–24 Annual Comprehensive Financial Report (ACFR) and heard an audit presentation from Patillo, Brown & Hill.
Nut graf: Auditors issued an unmodified opinion on the financial statements but reported one material weakness related to timing and submission requirements for the single‑audit (federal grants) because the single‑audit reporting package had not been submitted within the required reporting window for grants exceeding the audit threshold. Auditors concluded that, aside from…
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