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Auditors give Newark an unmodified opinion on FY2024 annual comprehensive financial report
Summary
City auditors issued an unmodified opinion on the City of Newark’s FY2024 annual comprehensive financial report, reporting no material weaknesses and noting that the single‑audit of federal awards is nearly complete.
City of Newark finance officials and independent auditors reported Monday that the city’s fiscal year 2024 Annual Comprehensive Financial Report (ACFR) received an unmodified (clean) audit opinion.
"I'm happy to report, that you received the unmodified opinion," said Beau Early of CLA, the city’s independent auditors, as he presented audit findings to council. Finance Director Jill Hollander told council the ACFR was prepared by the…
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