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Auditors give Detroit a clean opinion on financial statements but flag repeat weaknesses in housing programs
Summary
Auditor General Laura Goodspeed and Plante Moran told the Budget, Finance and Audit Committee they issued an unmodified (clean) opinion on Detroit's fiscal-year financial statements but reported two material weaknesses and multiple single-audit findings, including repeat problems in the HOME housing program and issues in WIC and Ryan White grants.
Auditor General Laura Goodspeed and external auditors Plante Moran presented the City of Detroit's Annual Comprehensive Financial Report (ACFR) and single-audit results to the Budget, Finance and Audit Committee, reporting a clean, unmodified opinion on the financial statements while also identifying internal-control weaknesses that need attention.
"We get the pleasure of sharing with you the audit results which is, a clean, unmodified opinion on the financial statements," Plante Moran partner Ali Hejazi told the committee, describing the highest level of assurance auditors can issue.
Why it matters: an unmodified opinion indicates the ACFR is materially accurate and conforms with financial reporting standards, but auditors also listed two material weaknesses that could allow misstatements or improper payments if not addressed. Those findings — a repeat issue involving timely and accurate financial reporting (noted as finding 2025-1) and a new component-unit control weakness — were discussed at length with committee members.
What auditors reported: Plante Moran…
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