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RKO audit: Auburn gets clean opinion but auditors flag grant, asset and reporting weaknesses
Summary
City auditors delivered a clean (unmodified) FY2024 financial-statement opinion but reported two material weaknesses (grant reconciliations and capital-asset records), two significant deficiencies, a statutory noncompliance for the school fund balance, and federal findings that qualified ARPA and CDBG testing.
Auburn received a clean (unmodified) opinion on its FY2024 financial statements, RKO auditor Casey Leonard told the City Council on Oct. 6, but the audit uncovered several important internal-control and compliance problems that city staff must fix.
"The city, which includes the school department, received an unmodified opinion," Casey Leonard said, calling that result "exactly what you want to see." RKO also performed a government‑auditing ("yellow book") review and a federal single-audit for programs that together found two material weaknesses, two significant deficiencies, one instance of noncompliance with state law, and multiple recommendations.
Auditor Sarah Dodge detailed the most serious items. The first material weakness related to grant-account reconciliations: several grant revenues (including a Maine DOT grant, ARPA and HUD revenues and some school grants) were not reconciled regularly and, in some cases, grant revenues were not…
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