Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the County Finance topic
No spam. Unsubscribe anytime.
Daggett County accepts 2024 audit; commissioners hear fund balances, no audit findings
Summary
Aycock & Miles presented Daggett County's 2024 audit showing generally strong fund balances, grant-funded capital work and no audit findings including on ARPA spending; commissioners formally accepted the audit and discussed restricted funds and upcoming capital projects.
Aycock & Miles Associates presented Daggett County's 2024 audit on Monday and commissioners voted to accept the report.
Mike Miles, the audit partner, said the county's books were in good condition: "Carrie's books were in pretty darn good shape," and noted the audit required only routine adjusting entries. He highlighted cash positions across major funds — general fund cash of about $426,000; Flaming Gorge Roads special district cash of about $3.2 million; the RDA just over $3 million; and a transportation tax balance of roughly $952,000 — and recommended care in spending restricted funds.
The audit shows the general fund recorded more than $2.4 million in revenue and roughly $2.483 million in expenditures, producing an operating deficit of about $46,000 that was partially covered by transfers. Miles said grant activity and capital projects drove much of the year's movement. The Dutch John enterprise fund received a large grant that funded most of the year’s tank and capital work: "Grant proceeds covered more than 90% of that," he said, describing roughly $1.65 million in grant proceeds for the tank project.
Commissioners asked staff about specific funds and program uses, including the low-income housing fund balance (discussed as a small but available balance) and the county’s vehicle lease rates. Miles reminded the commission that federal single-audit thresholds are changing; because the county’s ARPA funding totaled about $2.8 million, a single-audit review had been required this year and produced no findings.
After the presentation Commissioner 4 moved to accept the Aycock & Miles 2024 audit; the motion was seconded and approved by voice vote. The auditor closed by reiterating there were "no findings" in the audit and thanking county staff for timely cooperation.
The county will proceed with planned capital work and continue monitoring restricted funds and cash-flow as projects advance. The audit acceptance concludes the formal review for 2024; staff and the auditor said they will follow up on any minor adjustments outside of formal findings.
