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Auditors issue clean opinion on CT Paid Leave FY2025 financials
Summary
Independent auditors Whittlesey delivered an unmodified opinion on the Authority's FY2025 financial statements, reporting $479 million in contributions (accrual basis), $451 million in benefit claims expense, and no material weaknesses or compliance findings.
Whittlesey partners presented the Connecticut Paid Leave Authority's audited financial statements for the year ending June 30, 2025, and issued an unmodified opinion, the highest level of assurance an independent auditor can give.
Tom Goldcross, a partner at Whittlesey, told the board the financial statements "present fairly in all material respects in accordance with generally accepted accounting principles," and that the firm identified no audit adjustments, no fraud…
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