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Chatham County receives unmodified audit for 2024; net position up about $180 million
Summary
The county's audited financial statements for the fiscal year ended June 30, 2024, earned a clean (unmodified) opinion from external auditors; staff highlighted increased net position largely tied to sales tax collections and noted continued high standing for financial reporting awards.
Chatham County’s audited financial statements for the fiscal year ended June 30, 2024, received an unmodified ("clean") opinion from the county’s external auditors, who highlighted no disagreements with management and no audit issues.
Finance staff told the board the county’s net position increased by about $180 million compared with the prior year, primarily reflecting sales tax collections that were not yet spent. On a countywide basis, staff reported a total net position of roughly $1.4 billion at year-end. On a fund basis,…
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