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Independent auditors give Grand Island a clean opinion; general fund balance declines
Summary
EFPR Group told the Grand Island Town Board it issued an unmodified opinion on the town's 2024 financial statements, noting a drop in certain revenues and a decrease in the general fund balance largely driven by reduced federal aid.
John Costello of EFPR Group told the Grand Island Town Board that EFPR completed its audit of the town's financial statements for the year ended Dec. 31, 2024, and issued an unmodified (clean) opinion on July 18, 2025. He said the audit found no instances of noncompliance that must be reported under Government Auditing Standards and that auditors received full access to requested records.
The audit shows the townwide net position of $33,900,000, an increase of $1,600,000 (4.9%) from the prior year. Total townwide revenue was $27,100,000, a…
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