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Council accepts clean fiscal 2024 audit; general fund posts ~$3.06M increase
Summary
Holland City Council accepted an unmodified audit opinion for fiscal 2024. Auditors reported an increase in general-fund balance of about $3,061,000 to an ending balance of $16,282,629 and a net pension liability of about $30.2 million; auditors noted timing/reconciliation items at the Holland Board of Public Works.
Holland City Council on Dec. 18 accepted the city's fiscal 2024 audit after a presentation by auditors from Raymond Robson. Auditor Paul Matz told the council he issued an unmodified (clean) opinion on the city's financial statements and summarized several highlights: a roughly $3,061,000 increase in the general-fund balance,…
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