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Auditors give Glendale a clean FY2024-25 opinion; no material weaknesses found
Summary
CliftonLarsonAllen issued an unmodified (clean) opinion on Glendale—s fiscal year 2024-25 financial statements, reporting no material weaknesses or significant deficiencies and noting a retroactive restatement under GASB 101. The ACFR shows positive operating results and an improved net position.
CliftonLarsonAllen issued an unmodified audit opinion on the City of Glendale—s financial statements for the fiscal year ended June 30, 2025, and reported no material weaknesses or significant deficiencies in internal control, the auditor told the Glendale Audit Committee Dec. 2.
The audit firm—s engagement principal, Daphne Munoz, said the opinion is the most favorable an auditee can receive. "We have issued an unmodified opinion, which is the highest opinion that an auditee can get," Munoz said. She also noted an emphasis of matter directing readers to a retroactive restatement required by GASB 101 related to compensated absences.
The ACFR (Annual Comprehensive Financial Report) for…
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