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Ogden City audit returns clean opinion; auditors flag sole budgeting issue for new special‑purpose entity
Summary
City auditors issued an unmodified opinion for the FY2024–25 financial statements; auditors noted one state‑compliance finding tied to a late‑formed special‑purpose entity and reported no significant internal‑control deficiencies. Council accepted the audit for review.
The Ogden City Council voted Jan. 6 to accept for review the city’s FY2024–25 audit and annual comprehensive financial report after auditors from HBME issued an unmodified (clean) opinion on the city’s financial statements.
Jeff Miles of HBME told the council the audit went well and that the firm issued a clean opinion under generally accepted accounting principles. Miles said auditors identified one finding related to state compliance: an SPE (special‑purpose entity) that was formed late in the…
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