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Auditor issues clean opinion but flags missing support for a loan and weak accounting controls in Parlier's FY2022 report
Summary
An independent auditor gave Parlier an unqualified opinion on fiscal year 2021-22 financial statements but identified two findings: a questioned cost tied to a loan to a business with missing support and broader accounting oversight deficiencies; council moved the auditor's full presentation to Oct. 19 for follow-up with city staff.
Ryan Jolley, the independent auditor who presented the city's fiscal-year 2021-22 audit on Oct. 5, told the Parlier City Council he issued an unqualified (clean) opinion on the city's financial statements but flagged two findings that require attention. Jolley said the combined statements show a change in net position of about $6.5 million for governmental activities and roughly $675,000 for business-type activities, but the general fund ending fund balance remained short by just under $300,000.
The audit report includes a single-audit because the city received more than $750,000 in federal funds in the audit year, Jolley said. As…
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