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County audit: unmodified opinion, reserves around five months and one carryforward fund to address
Summary
Auditors from James Moore & Company issued an unmodified opinion on Clay County's financial statements, reporting strong reserves (assigned+unassigned ~43%, about 5 months), no material weaknesses or single-audit findings, and one building department fund carryforward that staff will plan to address.
James Moore & Company presented Clay County's expanded annual comprehensive financial report (ACFR) and issued an unmodified (clean) opinion on the county's financial statements for the year under audit. The auditor, Zach Shallow, told the board the firm found no material weaknesses in internal control and no compliance findings for major grant programs subject to single-audit requirements.
Key figures presented by the auditor included an assigned plus unassigned general fund reserve of about 43…
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