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Hideout auditor issues unmodified opinion; audit flags a general-fund overspend
Summary
Independent auditors gave Hideout an unmodified opinion on the town’s 2023–24 financial statements but reported a budgetary finding: general government expenditures exceeded the amended budget by about $51,000 in the audited year.
Gilbert & Stewart CPAs presented the independent financial audit for Hideout for the fiscal year ended June 30, 2024, and issued an unmodified (clean) opinion on the town’s financial statements. The auditor told council that Pelorus prepared the town’s financial statements and that auditors relied on records provided by town staff.
The auditors reported a single state-compliance finding: a budgetary compliance exception in the general fund.…
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