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Nelson County posts clean FY23 audit; Board approves $90,000 land purchase and funds student trip
Summary
Auditors issued an unmodified opinion for FY23 and reported a $30.2 million fund balance; the Board also authorized the purchase of a 2.37-acre parcel for $90,000 and approved $1,000 in support for three FCCLA students to attend a national conference.
Robinson, Farmer, Cox Associates presented Nelson County’s FY23 audit on May 14 and issued an unmodified (clean) opinion on the County’s financial statements, reporting no material weaknesses in internal control and clean federal compliance results.
Audit partner David Foley told the Board the County closed FY23 with roughly $30.2 million in total fund balance and general fund expenditures of about $42.2 million, a financial position that Foley described as strong and consistent with recommended fund balance targets. Foley said there were no audit adjustments and no disagreements with management.
In other fiscal actions, after a closed session the Board approved by roll call (5–0) the purchase of a 2.37‑acre parcel (Tax Map #57‑A‑34K) for $90,000 and authorized the County Administrator to execute the purchase agreement. Earlier in the meeting the Board also approved a $1,000 request to support three FCCLA students’ trip to the FCCLA National Leadership Conference in Seattle; staff said the total trip cost was $8,590 and the group had raised $2,690 to date.
County staff said bond financing and related accounting work remain under discussion for FY25. Auditors and finance staff will coordinate on bond financing proceeds and reporting.
What’s next: RFCA remains available for follow-up questions; staff will proceed with the property closing and report back to the Board on bond financing details.
