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Auditor gives Kuna City and Urban Renewal Agency clean opinion; notes DEQ remediation liability
Summary
Bailey & Company presented the 2024 audited financial statements for Kuna City and the Kuna Urban Renewal Agency, issuing unmodified opinions and identifying a pollution remediation liability tied to DEQ wastewater violations.
Bailey & Company presented the 2024 audited financial statements for Kuna City and the Kuna Urban Renewal Agency and issued unmodified (clean) opinions on the city's financial statements and the agency's component-unit statements.
The auditor told the council that the firm found no reportable findings under Government Auditing Standards. The presentation highlighted two accounting estimates that required judgment: accumulated compensated absences for…
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