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Auditors report unmodified FY24 opinion for Jacksonville; two findings include 1Cloud cutoffs and CDBG compliance
Summary
Carr, Riggs & Ingram told the Finance Committee the city received an unmodified opinion on its FY24 financial statements but reported two findings: material adjustments tied to year‑end cutoffs partly related to the 1Cloud conversion, and a single‑audit compliance issue for the community development block grant wage‑rate requirement.
April Shooping, partner at Carr, Riggs & Ingram, presented the city of Jacksonville’s fiscal year 2024 audit to the Finance Committee on Aug. 19, saying the engagement produced “an unmodified opinion” and fewer findings than in the previous two years. “Overall, it was a clean audit. You have an unmodified opinion,” Shooping said.
Shooping identified two findings in the excerpted report council received. The first (2024‑001) concerns material adjustments that auditors made during the audit, which the firm attributed partly to residual implementation issues from the city’s 1Cloud financial system conversion and partly to year‑end cutoff and bank‑reconciliation work. Shooping said the 1Cloud implementation effects have “begun to minimize” but auditors recommend closer attention to year‑end cutoffs and reconciliations going forward.
The second finding concerns the city’s single‑audit of federal and state grant programs: auditors found controls over some Community Development Block Grant (CDBG) compliance tasks were not consistently performed and identified at least one instance of noncompliance with federal wage‑rate requirements associated with grant work. Shooping said auditors had worked with city and grant‑department management on corrective steps.
Committee members asked several follow‑up questions. Councilman Ron Salem framed the 1Cloud conversion as “the story that never ends,” asking whether conversion‑related issues were finally winding down; Shooping replied that implementation issues are less impactful now and that the remaining adjustments are more about closing basics correctly.
Shooping said the report excerpted for the committee included the findings and the city’s financial statements; she offered to answer additional detail questions about specific adjusting entries or reconciliations. No formal action was required for the audit presentation at the meeting.
What happens next: auditors and management will continue working on year‑end cutoffs and bank reconciliations. The committee did not take formal legislative action on the audit at this meeting.
