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Orange County auditors issue clean opinions but flag material weaknesses; commissioners approve contract amendment

2399293 · February 25, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Auditors gave Orange County an unmodified (clean) financial and single-audit opinion for fiscal year 2024 but reported material weaknesses in financial close and reconciliations. Commissioners approved a contract amendment for additional audit services, 7-0.

Auditors presented Orange County's fiscal year 2024 financial and single-audit results to the Board of County Commissioners, delivering unmodified (clean) opinions on the county's financial statements and federal and state single-audit reports while documenting several material weaknesses in accounting and reconciliation processes.

Leanne Bagasala, audit director at Moxdens and Jenkins, told the board the firm issued four clean opinions — on the basic financial statements, the Yellow Book report on government auditing standards, the federal single audit and the state single-audit report — but identified material weaknesses and required audit adjustments that delayed finalization of the statements.

“We issued an unmodified opinion or a clean audit opinion,”…

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