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Auditor gives Flat Rock a ‘clean’ opinion, council told finances are healthy
Summary
City auditor Daniel Beard reported an unmodified (clean) audit opinion on Flat Rock’s 2024 financial statements, citing a prior-year pension grant that temporarily inflated revenues and noting strong working capital and healthy water-and-sewer fund results.
The Flat Rock City Council heard its annual audit presentation from Daniel Beard, the city’s contracted auditor, who reported an unmodified — or “clean” — opinion on the city’s financial statements.
"We gave you an unmodified opinion, which is the highest level of assurance," Beard said during his presentation, adding that users of the statements "can rely on those statements to make informed decisions." He explained that a $4.8 million…
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