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Pender County posts clean FY2024 audit, LGC flags limited performance indicators
Summary
External auditors issued an unmodified opinion on Pender County’s fiscal 2024 financial statements but identified several performance indicators and compliance findings that require a board response to the Local Government Commission within 60 days.
Pender County officials received an unmodified (clean) audit opinion for fiscal year 2024 during the Board of Commissioners meeting Wednesday, county Finance Director Meg Blue and auditor Bao Tao of Martin Starnes & Associates told the board.
The auditors reported no material misstatements in the financial statements and highlighted a general fund total fund balance and several enterprise fund movements. The audit showed the county’s available general fund balance at about 50.5% of expenditures for 2024, down from the prior year; the solid waste fund showed improved liquidity and net position; and the combined water and sewer fund showed a…
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