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Wexford County audit returns clean opinion; single-audit flags repeated suspension and debarment finding
Summary
The county auditor reported an unmodified (clean) opinion on Wexford County's 2023 financial statements and classified the county as a low-risk auditee; the single-audit portion noted a repeated finding on suspension and debarment checks for federal vendors and a corrective action plan has been filed.
Wexford County received an unmodified (clean) audit opinion on its 2023 financial statements and a single-audit review of federal awards, county auditors reported during the board meeting. The auditor said the county’s financial statements show a healthy unrestricted net position and that no material weaknesses were identified.
The auditor (identified in the transcript as the presenter) told the board the financial statements include an unrestricted net position of about $10,700,000 and a general-fund unrestricted balance near $11,400,000. The presentation also showed total federal awards tested of about $13,200,000, with roughly $10.5 million falling into the community facilities loans and grants cluster.
Regarding audit opinions, the auditor said the firm issued an "unmodified" report — the highest assurance level — and that there were no material weaknesses, no significant deficiencies in the financial-statement audit and no noncompliance matters in that portion of the work. In the single-audit component, the county qualified as a low-risk auditee, the auditor said, which reduced sample sizes for some testing.
The single-audit findings included a repeated comment on suspension and debarment procedures: the county did not consistently verify that vendors paid with federal funds were not suspended or debarred for every sample item. The auditor noted the finding and said a corrective action plan was submitted and the county expects to address the deficiency.
The auditor summarized other standard reporting elements — including that required management discussion and analysis is not itself audited — and said there were no disagreements with management, no uncorrected or corrected misstatements, and no new accounting policies for the year.
Board members asked no substantive follow-up questions in the public presentation; the board then moved on to other agenda items. The audit materials will be filed with the state as required.
