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Auditors give Indian Wells Groundwater Authority a clean opinion on 2024 financials
Summary
Auditors presented an unmodified (clean) opinion on the authority's 2024 financial statements, noting cash increased, payables decreased and routine disclosures were complete; public commenters raised concerns about receiving the audit packet the morning of the meeting and amounts owed to the City of Ridgecrest.
The Indian Wells Groundwater Authority received an unmodified audit opinion for its 2024 financial statements, auditors told the board during the meeting.
Jared Solomons, the audit partner presenting for the auditors, said the firm issued an unmodified opinion after performing standard audit test work and reviewing management estimates. "In our opinion, the annual financial statements are fairly presented…
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