Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Independent auditors give Braintree an unmodified FY24 opinion; report notes legal settlement and pension/OPEB updates
Summary
CBIZ (formerly Powers & Sullivan/Markham LLP) presented the Town of Braintree's draft FY2024 annual comprehensive financial report, issued an unmodified (clean) audit opinion, and included disclosure of a significant legal settlement. Auditors discussed pension funding (71.1% funded) and OPEB trust balances.
Auditors from CBIZ presented the Town of Braintree's draft FY2024 annual comprehensive financial report to the Town Council on April 29, reporting an unmodified (clean) audit opinion.
CBIZ representatives said the audit work included on-site fieldwork in June and August and follow-up work after year end; the firm completed testing across revenues, expenditures and federal awards and described the report as in draft form pending final internal quality-control checks and town review. The auditors noted that a significant…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
