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County receives clean opinion on 2024 comprehensive annual financial report; net position up over decade
Summary
Independent auditors issued an unmodified (clean) opinion on the county's June 30, 2024 financial statements and noted net position rose from about $164 million in 2015 to roughly $349 million in 2024; long‑term liabilities include a $45M net pension liability and liabilities for OPEB and LOSAP.
Queen Anne’s County received an unmodified (clean) auditor’s opinion on the fiscal year ending June 30, 2024 comprehensive annual financial report, the county’s independent auditors reported at Tuesday’s meeting.
UHY partner Roy Geiser told commissioners the audit opinion was “clean,” indicating the financial statements are free of material misstatement. The audit team highlighted the county’s…
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