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Finance committee hears 2024 audit; auditors report clean opinion and ARPA spending
Summary
City auditors presented the 2024 annual comprehensive financial report, issued an unmodified opinion and summarized fund balances; the report notes $3,600,000 in ARPA funds were spent on public-safety salaries and flagged upcoming GASB disclosures.
The Finance Committee on Aug. 4 received the city’s 2024 annual comprehensive financial report from Jaslene Keurer, principal with Lauderbach and Amon, who told the committee auditors issued an unmodified opinion — the cleanest form of audit assurance.
Keurer, who presented a high-level overview of the report, said the SAS 114 communication found no disagreements or difficulties with management during the audit. "I'm happy to report that we've issued an unmodified opinion," she said, and walked the committee through the…
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