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CRA receives clean audit; assets rise to about $173 million
Summary
An independent auditor issued an unmodified opinion on the Hollywood CRA's fiscal 2025 statements, reporting assets of approximately $173 million and $76 million restricted for future community development; auditors identified no reportable internal-control issues.
Auditors for Davis & Associates presented the Hollywood CRA’s fiscal-year 2025 annual comprehensive financial report to the board on April 6 and issued an unmodified (clean) opinion.
The audit field work was substantially complete by March 11 and the auditor’s report was dated March 18. The audited financial statements cover the year ended Sept. 30, 2025. The auditor reported that total assets…
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