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City audit: 29 Palms receives unmodified opinion and plans ACFR submission to GFOA
Summary
External auditors told the council the fiscal year audit produced an unmodified opinion with no findings or internal control deficiencies; the city will submit its Annual Comprehensive Financial Report for the GFOA award again.
The city's external auditors (Rogers Anderson Mallory & Scott) presented the fiscal year audit and told the Council that the financial statements received an unmodified opinion, the highest level of assurance an auditor provides.
Brianna Schultz, the engagement partner for the audit, said the audit work included interim testing of internal controls and year-end procedures to confirm balances, and that staff assisted cooperatively during the review. She reported no findings, no deficiencies, no noncompliance and no disagreements with management. The auditors also prepared standard letters including SAS 115 and a report on internal controls and compliance.
The city was recognized by staff as having received the Government Finance Officers Association (GFOA) award for excellence in financial reporting for 2024 and staff said they will submit the 2025 ACFR for the GFOA award. Council members thanked staff for their work.
The auditors offered to answer questions and confirmed the TBID fund had been examined in more detail as a fund of community interest, though it did not meet the quantitative threshold to be a major fund under accounting standards.
