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Bend MPO audit returns clean opinion; net position falls after COVID grant spending
Summary
Bend MPO auditors issued an unmodified opinion on the fiscal year ended June 30, 2024, and the board accepted the audited financial statements. Staff reported a $577,000 decrease in net position tied mainly to spending of prior COVID-19 grant funds and outlined where balances sit.
The Bend Metropolitan Planning Organization Policy Board accepted the MPO's audited financial statements for the fiscal year ended June 30, 2024, after hearing a presentation from the City of Bend finance staff on the audit results.
Kimala Lutz, assistant finance director for the City of Bend, told the board the auditors from Moss Adams LLP issued an "unmodified or clean opinion," meaning the financial statements were presented fairly and without material misstatement.…
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