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Hanover posts clean FY24 audit, reports $43.9 million operating balance
Summary
County finance staff presented the FY24 Comprehensive Annual Financial Report showing revenues of $368.8 million and an operating balance of $43.9 million; external auditors issued an unmodified opinion with no findings on internal control or federal awards.
Hanover County officials on Nov. 13 presented the county's FY24 annual comprehensive financial report and the results of an external audit that returned a clean, unmodified opinion.
Finance Division Director Lauren Noll told the Board of Supervisors that general fund revenues for fiscal year 2024 totaled $368.8 million, about 7% higher than appropriations, driven…
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