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Council approves FY2024 audit after auditors report 'clean opinion'
Summary
City Council unanimously approved the city's fiscal 2024 comprehensive financial audit after auditors from Padilla Brown and Hill reported an unmodified ("clean") opinion, healthy fund balances and no single-audit findings on the HOME grant.
The City Council on March 24 unanimously approved the annual comprehensive financial audit for fiscal year 2024 after auditors reported a clean opinion on the city's financial statements.
Chris Pruitt, an audit partner with Padilla Brown and Hill, told the council the firm issued an unmodified, or "clean," opinion and that "a third party can rely upon these financials as being free of material misstatement." He highlighted the city's unassigned general-fund…
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