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Eastpointe City receives unqualified FY24 audit; council approves backhoe purchase and several appointments
Summary
The auditor presented an unqualified FY24 opinion; Council received and filed the audit, approved purchase of a $156,775.94 Cat 420XE backhoe (to be funded with budgeted amounts and trade-in proceeds), accepted a parks commission resignation and reappointed two planning commissioners.
The fiscal year 2024 audit for Eastpointe City was presented to council on Dec. 17 and received an unqualified opinion with no additional comments, the auditor said. The auditor highlighted a general fund increase of $1,568,000 (which includes a $484,000 required accounting adjustment), higher-than-expected investment income that ended the year at $832,000, receipt of approximately $160,000 in new opioid-related settlement funds (restricted), and a long-running cumulative building-fee…
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