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Owensboro audit shows clean opinion and healthy fund balances; commission files October financials
Summary
City auditors gave Owensboro a clean opinion for FY 2023–24, reporting rising net position, large fund balances and reduced pension/OPEB liabilities; commissioners accepted the audit and later filed the October financial report showing revenues above budget.
Owensboro city officials accepted a clean audit for the 2023–24 fiscal year and filed the October financial report after a presentation highlighting improved reserves and falling long‑term liabilities.
The city's lead auditor reported a clean opinion on the financial statements and noted national recognitions, including a consecutive Government Finance Officers Association certificate of excellence and a distinguished budget award. The audit showed net position rose by about $12.1 million — from roughly $123.6 million to $135.7 million — and a combined…
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