Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Auditors report clean 2024 opinion for East Grand Forks, note fuel inventory and special-assessment shortfalls
Summary
External auditors told the council they expect an unmodified opinion on the 2024 financial statements and a clean single-audit on federal grants, while flagging process improvements: monthly fuel-inventory reconciliation, timely pension reporting, and a shortfall in special assessment fund 539 requiring transfers.
External auditors reported an unmodified, or "clean," opinion on East Grand Forks' 2024 financial statements and said single-audit testing of federal coronavirus funds produced no compliance findings, while recommending a few administrative improvements and pointing out several fund-level issues.
"We plan to issue an unmodified opinion on the financial statements," the auditor told the council during the review of the draft annual comprehensive financial report, noting the report remains in draft form…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
