Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
EFPR audit gives IDA and CLD ‘clean’ opinions; boards approve filings and re-adopt PAAA policies
Summary
Auditor EFPR Group presented draft financial statements for the New Rochelle IDA and CLD and reported unmodified (clean) audit opinions. The IDA and CLD boards unanimously approved filing the financial statements and re-adopted PAAA-required policies; both bodies also elected officers and committee memberships.
Auditor EFPR Group presented and the New Rochelle Industrial Development Agency and Corporation for Local Development on March 28 received "clean" audit opinions on their 2024 financial statements, and both boards voted unanimously to file the statements and annual reports as required under the Public Authorities Accountability Act (PAAA).
Tom Smith of EFPR, the engagement partner on the audits, told the boards the firm planned to issue unmodified opinions for both entities and reported no…
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
