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Independent audit delivers unmodified opinion for City of DeSoto; single‑audit coverage includes ARPA spending
Summary
Forvis Mazars issued an unmodified (clean) opinion on the City of DeSoto’s FY24 financial statements and found no material weaknesses, a city representative said March 17. The audit included a single audit of federal awards because the city spent ARPA funds; auditors reported no compliance findings. The city’s unassigned general-fund balance
An independent audit firm gave the City of DeSoto a clean opinion for fiscal year 2024 and reported no material weaknesses, auditors and staff told the City Council on March 17.
Assistant Finance Director Lakita Sutton introduced Josh Finlay of Forvis Mazars, the firm that conducted the FY24 audit. Finlay told the council the auditors issued an unmodified opinion on the basic financial statements — the highest standard of assurance — and…
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