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External auditor gives Palm Bay an "unmodified" opinion on FY financial statements; no federal/state findings reported
Summary
Mazars presented the City of Palm Bay’s annual consolidated financial report and issued an unmodified (clean) opinion, reporting no significant audit adjustments, no internal‑control deficiencies, and no findings in the single‑audit testing of major programs (ARPA and a state wastewater project).
An external audit firm reported to the Palm Bay City Council that the city’s FY financial statements received an “unmodified opinion” and that auditors found no significant audit adjustments or reportable internal‑control deficiencies.
Eddie Castaneda, senior manager on the audit engagement with Mazars (formerly MSL), told council the auditor’s report (issued May 29) included five separate reports required for governmental entities: the independent auditors’ report (the opinion), the single‑audit report for major federal/state programs, the internal‑control evaluation, the Florida Auditor General management letter, and an examination of compliance with the city’s investment policy. Castaneda said…
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