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Auditor gives Edmond ‘clean’ opinion; consultant flags post‑COVID adjustment in city finances
Summary
External auditors issued an unmodified (clean) opinion for the city’s June 30, 2024 financial statements. Independent consultant Crawford & Associates gave Edmond a 6.9 ‘performer’ score and warned the city is coming off a post‑COVID revenue high but retains strong debt capacity.
External auditors presented a clean opinion on the City of Edmond’s comprehensive annual financial report for the fiscal year ending June 30, 2024, and an outside consultant summarized the city’s overall financial “performer” score as lower than recent years but still satisfactory.
Andy Cromer, a certified public accountant with HSPG, told the council the audit opinion was unmodified and that the city’s internal controls and compliance testing yielded no material weaknesses. Cromer noted a single comment the auditors discussed with council: the tax increment financing (TIF) fund had…
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