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Auditors give Gastonia a clean opinion; council accepts FY2024 financial audit
Summary
External auditor Martin Starnes issued an unmodified (clean) opinion on Gastonia's FY 2023-24 financial statements; the council accepted the audit after a presentation highlighting a roughly $11.5 million net increase in fund balance and an available fund balance near $41 million.
External auditors presenting Dec. 3 told the Gastonia City Council that the city's financial statements for the fiscal year ended June 30, 2024, were fairly presented and supported a clean (unmodified) audit opinion.
"In our opinion, the financial statements that were issued by the city are fairly presented," said Tanya Thompson, senior audit manager at Martin Starnes & Associates, summarizing the audit process and findings. She noted the audit team worked closely with city staff and issued the report timely.
Key figures presented included a…
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