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Pinellas Park council accepts 2023–24 audit showing $19 million net‑position gain
Summary
On May 8 the Pinellas Park City Council accepted the city's 2023'24 audited financial statements and Single Audit, which auditors said received an unmodified opinion; the audit disclosed a $19 million increase in net position and a $2 million prior‑period revenue restatement tied to water/sewer meter readings.
Pinellas Park City Council on May 8 unanimously accepted the city's audited financial statements for the fiscal year ended Sept. 30, 2024, and the accompanying Single Audit covering federal grant spending.
Lauren Strope, the engagement partner for the audit firm, told the council the firm "rendered an unmodified opinion" on the financial statements and reported the city's total net position increased about $19 million, or roughly…
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