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City audit issues ‘clean’ opinion but flags recurring closing delays and staffing gaps
Summary
An independent auditor gave the city an unmodified (clean) opinion on its fiscal 2024 comprehensive annual financial report but reported a recurring significant deficiency tied to untimely year-end close procedures and staff turnover; council members pressed finance leaders on training and standard operating procedures.
The city’s independent auditor issued an unmodified — or "clean" — opinion on the comprehensive annual financial report for the fiscal year ended Sept. 30, 2024, but reported a recurring significant deficiency tied to untimely financial closing procedures and staff turnover.
Matt Rogers, engagement director for Weaver and Associates, told the City Council the firm issued the highest level of assurance on the audited financial statements and on the schedule of expenditures of federal awards. Rogers said auditors found no material weaknesses or material noncompliance, but they did report one recurring significant deficiency that originated in fiscal 2023 and related to delays in preparing required year‑end schedules and reconciliations.
The finding arose because several senior finance…
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