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Erie wins clean 2024 audit; one ARPA compliance issue and material weakness flagged
Summary
Eriereceived an unmodified opinion on its 2024 financial statements but auditors issued a modified opinion limited to ARPA (SLFRF) procurement testing and reported a material weakness tied to year-end accounting adjustments; town finance staff outlined corrective actions.
Erie received an unmodified ("clean") audit opinion on its 2024 financial statements, according to the town's external auditor, but the firm issued a modified opinion limited to one federal program and identified a material weakness in year‑end processes.
Allison (CLA auditor) told the Town Council on Oct. 14 that auditors issued the best possible opinion on the townfinancial statements but modified the compliance opinion for one federal award — the ARPA State and Local Fiscal Recovery Funds (SLFRF) — because procurement suspension/debarment checks for two of four sampled vendors could not be verified in the federal SAM.gov system. The auditor said that limitation produced the modification but that other…
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