Oak Ridge auditors give city clean opinion but flag Kayenta accounting issues
PUCPAs delivered a clean opinion on the city's FY2024 financial statements but reported a material weakness tied to the recent Kayenta accounting-system implementation and identified a second significant deficiency in capital-asset accounting; management described corrective actions and said it will seek third-party help and training.
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PUCPAs auditors told the Oak Ridge City Council on March 10 that the city's FY2024 financial statements received a clean opinion, but that the city must address material accounting weaknesses linked to the recent Kayenta software implementation.
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