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External auditors issue clean opinion on Cedar Park FY2024 financial statements; single‑audit finds one compliance item
Summary
External auditors reported an unmodified (clean) opinion on the City of Cedar Park's annual comprehensive financial report for the year ended Sept. 30, 2024; the single‑audit of federal awards also received a clean opinion, with one compliance finding related to contractor wage‑rate documentation that staff promptly addressed.
City auditors presented results of the fiscal year 2024 financial audit and single audit to the City Council, saying they issued an unmodified (clean) opinion on the City of Cedar Park’s Annual Comprehensive Financial Report (ACFR) and a clean opinion on the single audit of federal awards.
Adam McCain, the audit partner with Lieber & Tidwell, told the council the city received the highest level of assurance for the financial statements and that…
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