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Atoka audit: clean opinion, pension asset and healthy fund balance highlighted
Summary
Auditor Matt Wood told the Atoka Board the town received an unmodified (clean) opinion with no current-year internal control issues; he highlighted a $776,000 pension asset, $497,000 in federal grants for the year and a strong general-fund balance ratio (63.93%).
Auditor Matt Wood of ATA told the Atoka Board on Feb. 17 that the town’s financial statements received an unmodified — or clean — opinion for the year under review and that auditors found no internal-control deficiencies this year.
Wood said the town recorded about $497,000 of federal grant awards during the year, which kept Atoka below the…
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