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Alachua County receives clean audit for fiscal 2024; single‑audit findings limited to grant compliance items
Summary
The county’s independent auditors issued an unmodified opinion on the 2024 financial statements and the commission accepted the Annual Comprehensive Financial Report and single‑audit. Auditors reported no significant control deficiencies; single‑audit testing produced limited findings in a SHIP grant filing and lien documentation.
Alachua County’s Clerk of Court and its independent auditors presented the county’s fiscal 2024 Annual Comprehensive Financial Report (ACFR) and single‑audit on May 27; the commission accepted the report and audit findings.
Key findings - Unmodified (clean) opinion: Pervis Gray and Company issued an unmodified opinion on the county’s fiscal 2024 financial statements, the highest level of assurance. - Emphasis of matter: auditors noted adoption of a new Governmental Accounting Standards Board (GASB) pronouncement on accounting changes and error corrections; that adoption changed disclosures but did not affect the county’s opinion. - Internal controls and compliance: auditors reported no significant deficiencies in internal controls required under Government Auditing Standards. - Single‑audit results: the county received federal and state assistance of roughly $17 million and auditors tested eight major programs. The single‑audit produced two specific recommendations tied to the State Housing Initiatives Partnership (SHIP) program: one item where recorded liens were not adjusted to actual final loan amounts, and one instance where assistance exceeded income‑eligibility limits; in the latter case the county covered the excess from county funds to comply with state requirements.
Financial highlights presented County staff highlighted the general fund results: strong investment earnings during the 2024 audited year (related to high short‑term yields during that period) and a year‑end general fund balance of about $117 million, of which roughly $66 million was assigned for projects and $50 million was unassigned (approximately 90 days of operating revenue). The county also reported award applications and forthcoming capital program debt planning for courthouse, parking garage and other projects.
Board action The commission voted to accept the ACFR and single‑audit, to transmit required forms to the Florida Department of Financial Services and the Auditor General, and to acknowledge the auditor’s management letters. The auditors thanked county accounting staff and constitutional officers for cooperation.
Why it matters A clean audit and no control deficiencies indicate the county’s financial statements are reliable and that financial controls are functioning. The single‑audit findings were limited and related to grant administration details the county has committed to correct.
Ending County staff said they will continue planning for upcoming capital projects and bring debt‑structuring options to the board; auditors will follow up on the SHIP program recommendations and the county will implement corrective steps.
