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Audit shows modest financial improvement; commissioners debate $3,000'$5,000 OPEB actuarial valuation
Summary
The county's FY 2023'24 audit showed a roughly $229,000 increase in net position, capital assets up about $1.8 million and long-term debt down about $1 million; commissioners discussed hiring an actuary for an OPEB valuation estimated at $3,000'$5,000 to clear a repeated qualified finding.
A summary of Baker County's FY 2023'24 audit presented to the board reported modest improvements in the county's financial position but noted a recurring qualified opinion related to other postemployment benefits (OPEB).
"The fiscal year 23 24 audit reflects improvements in the county's financial position compared to prior years," a commissioner reported at the meeting. "The county's total…
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