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Wellington posts clean audit for fiscal year 2024; $1.8M in federal awards reported
Summary
External auditors gave the Village of Wellington a clean (unmodified) opinion on its fiscal year 2024 financial statements and single audit; the village reported about $1.8 million in federal awards expended during the year.
Wellington — The Village of Wellington received a clean (unmodified) audit opinion for the fiscal year ended Sept. 30, 2024, the village91s auditors reported at the March 11 council meeting.
Nicholas Martin, senior manager on the audit engagement, told the council the independent auditors91 report concludes "in our opinion, the financial statements referred to above present fairly, in all material respects" the village91s financial position for the year ending Sept. 30, 2024. Martin highlighted an unrestricted net position of about $52.1 million and a general fund unassigned…
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