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Caswell County accepts FY2023–24 audit; LGC indicators require response
Summary
County auditors presented the FY2023–24 draft audit showing a $1.7 million decline in general-fund balance, 14 financial-statement findings and five financial performance indicators the Local Government Commission requires the county to address within 60 days. The board approved the audit by voice vote.
Caswell County commissioners voted Dec. 15 to accept the fiscal year 2023–24 audit after a presentation from Thompson, Price, Scott & Adams.
Auditor Hunter Wiseman told the board the audit, completed in accordance with the county's contract, identifies 14 financial-statement findings and five financial performance indicators of concern that must be addressed to the Local Government Commission (LGC). He said the general fund balance declined from $16.2 million to $14.5 million and unassigned fund balance fell…
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