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City receives unmodified audit opinion for fiscal 2023–24; auditors note documentation and schedule items
Summary
Raymond LLC issued an unmodified audit opinion on Jackson City's financial statements for the year ended June 30, 2024, while reporting one significant deficiency and one immaterial noncompliance related to documentation and capital asset schedules.
Raymond LLC, the city's external auditor, told the Jackson City Council on Feb. 11 that it issued an unmodified opinion on the city's financial statements for the fiscal year ended June 30, 2024.
The auditor said an unmodified opinion provides reasonable assurance that the financial statements are "reasonably stated," while not offering absolute assurance. Raymond LLC also conducted a single audit because the city spent more than $750,000 in federal awards and reviewed federal programs including the State and Local Fiscal…
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