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Warrenton accepts 2023 audit with unmodified opinion; pension and debt discussed
Summary
City auditors issued an unmodified opinion on the 12/31/2023 financial statements and the Board accepted the audit Aug. 20. Auditors highlighted a $10 million liability tied to TIF and an interchange, a roughly $1.3 million net pension liability, and no material internal-control weaknesses.
The Warrenton Board of Aldermen accepted the city's audited financial statements for the calendar year ending Dec. 31, 2023, after an auditor's presentation that concluded with an unmodified (clean) opinion. The auditor told the board the financial statements are fairly stated in accordance with GAAP and that the audit produced no…
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