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Village accepts FY2024 audit; auditors report clean opinion and three findings
Summary
The village council accepted the fiscal year 2024 audit after the auditor issued an unmodified (clean) opinion but reported three findings: multiple material audit adjustments, a temporary lapse in deposit collateral coverage, and one fringe-benefit reporting error related to vehicle personal use.
The Corrales Village Council unanimously approved acceptance of the fiscal year 2024 audit after a presentation by Joshua Trujillo of the HPT Group. Trujillo told the council the audit report provides an unmodified opinion on the village's financial statements but includes three findings that warrant follow-up.
Trujillo said auditors made a number of adjustments during the audit — roughly 15–16 adjustments — and reported a finding related to the quantity and materiality of those adjustments. He…
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