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City presents clean FY‑24 audit after ERP delays; single‑audit expected next month
Summary
Oklahoma City finance director presented the city's FY‑24 audited financial statements and said auditors issued an unmodified (clean) opinion despite delays from an ERP transition. Council accepted the reports and staff said a federal single audit is expected next month and a timetable to return to on‑time reporting was set.
Angela Pierce, Oklahoma City finance director, told the City Council that external auditors issued an unmodified (clean) opinion on the city's fiscal year 2024 audited financial statements despite delays tied to a recent enterprise resource planning (ERP) implementation.
The council accepted the audited financial reports for the Municipal Facilities Authority (MFA), the Public Property Authority (PPA) and the city. Pierce said the ERP implementation produced timing and internal‑control challenges that generated audit adjustments; staff incorporated…
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