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Shenandoah receives clean audit for 2024; council approves annual financial report
Summary
Auditors from Brooks Watson issued an unmodified (clean) opinion on Shenandoah’s 2024 annual comprehensive financial report. Council approved the report after a presentation that highlighted healthy reserves, a $432,000 positive budget variance and strong utility fund results.
Louis Breedlove, senior audit manager at Brooks Watson, told the Shenandoah City Council on Monday that the firm issued an unmodified — or "clean" — opinion on the city’s 2024 annual comprehensive financial report. "I'm happy to report the city did get a clean report," Breedlove said during a presentation that walked council through the audit process, testing approach and required communications to governance.
Breedlove said auditors used a risk‑based approach and compliance testing…
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