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Far West council accepts FY2024 audit; approves minutes, bills, business licenses and a sign permit
Summary
At its Jan. 16 meeting the Far West City Council unanimously accepted the FY2024 audit reporting a clean opinion and healthy fund balances, approved minutes and payment of bills, and granted several local business licenses and a non-illuminated wall sign permit.
The Far West City Council on Jan. 16 unanimously accepted the city’s fiscal year 2024 audit, approved minutes and bills, and granted several business licenses and a sign permit.
The auditor presented an unmodified opinion on the FY2024 financial statements and highlighted key figures: general-fund unrestricted cash of about $1.7 million, restricted general-fund balances (park impact fees $279,000; Class C roads $253,000; local option roads $776,000), capital-projects cash near $4.7 million and an unassigned general-fund balance at roughly 34% of revenues. The auditor told the council there were no…
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