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Independent auditors give Ottawa County a clean opinion; county shows improved net position in 2023

Ottawa County Finance & Administration Committee · April 3, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Auditors presented a clean (unqualified) opinion on Ottawa County's FY2023 financial statements and reported a roughly $13.6 million improvement in net position; the committee received the report and forwarded it to the Board of Commissioners.

An independent audit of Ottawa County's FY2023 financial statements was presented to the Finance & Administration Committee on April 2. Peter Hefner, representing the audit firm, said the auditors'opinion is that the financial statements "present fairly in all material respects." He summarized the county's consolidated position: governmental net position of roughly $201 million, capital assets net about $142…

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