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Baker Tilly to issue a clean FY25 opinion; Scott County fund balance remains strong
Summary
Baker Tilly told Scott County supervisors it expects to issue an unmodified (clean) opinion on fiscal year 2025 financial statements, found no material weaknesses, and highlighted a $20.6 million year-end general fund balance with roughly $15 million unassigned (about 22'23% of operating expenditures).
Baker Tilly's principal on the engagement told Scott County supervisors on Dec. 16 that the firm planned to issue an unmodified opinion on the county's fiscal-year-2025 financial statements, pending one attorney response and the county's management representation letter.
"We do plan to issue an unmodified opinion, also known as a clean bill of health," Paul France of Baker Tilly said, describing the opinion's implication that the financial statements include required disclosures, follow accounting…
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