Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the County Finance Audit topic
No spam. Unsubscribe anytime.
Reno County auditors deliver clean report; commission approves 2024 audit
Summary
Adams Brown presented the 2024 audit for Reno County, reporting an unmodified opinion on the county's regulatory basis of accounting and no material weaknesses; the commission voted unanimously to accept the audit report.
Adams Brown auditors presented Reno County's 2024 financial audit and the Reno County Commission voted to accept the report unanimously.
The auditors, Jamie Beneshek and Alexis Crispin of Adams Brown, told the commission their independent auditors' report included an adverse opinion on U.S. generally accepted accounting principles because the county uses a regulatory basis of accounting rather than full GAAP. On the regulatory basis the auditors issued an unmodified opinion, which they described as the best opinion they can issue. Beneshek said that means, 'in our opinion, your financial statements are materially correct.'
The presentation summarized the county's statement of receipts, expenditures and unencumbered cash and explained that the Public Building Commission was consolidated into the county audit this year. The audit summary showed the county had no material weaknesses, significant deficiencies or reportable noncompliance related to the financial statements or to federal awards. Alexis Crispin noted the county's total federal expenditures for 2024 were a little over $9.3 million and that the county did not qualify as a low-risk auditee because it uses a regulatory basis rather than GAAP.
Leslie Roterer, identified herself as the county's financial specialist and audit liaison and thanked department staff for their cooperation in producing a clean audit. Commissioners and county staff praised Roterer and the departments for the work required to produce the audit and for maintaining accounting practices that satisfy bond and grant requirements.
After the presentation, Commissioner [name withheld in transcript] moved to approve the 2024 audit report as presented by Adams Brown and county staff; the motion was seconded and carried on a recorded vote: Parks 'yes; Vincent 'yes; Winger 'yes; Hurst 'yes; Bogner 'yes.
The auditors also mentioned optional services such as penetration testing; Adams Brown offered that service to the county if desired. Beneshek and Crispin invited follow-up questions and provided contact information for commissioners and staff.
The commission signed the audit acknowledgement/representation letter after the vote.
