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Mitchell County auditor reports clean opinion; FEMA reimbursements pushed revenues higher
Summary
The county's audit produced an unmodified (clean) opinion. The auditor told commissioners that fiscal-year revenues rose—largely because of FEMA reimbursements—and reported total general fund balance of $17.2 million; the board had no findings to address.
An auditor presenting to the Mitchell County Board of Commissioners said the county received an unmodified (clean) opinion on its recent audit and that the audit showed elevated revenues and expenditures tied to hurricane-response reimbursements.
"We did receive an unmodified opinion, which is a clean opinion for your audit," the auditor said, and noted the general fund showed significantly higher reported revenues in the most recent fiscal year because of FEMA and other intergovernmental reimbursements.
The auditor summarized a three-year revenue-and-expenditure view and said general fund revenues were about $50 million and expenditures about $48 million for the cited fiscal year, driven largely by hurricane-related spending and subsequent reimbursements. The presenter said total general fund balance at year-end was $17.2 million and that the local government commission had reviewed and accepted the audit with no material-findings reported.
County officials and commissioners thanked the audit team for their work during a difficult cycle of recovery accounting and federal compliance, and the board accepted the report; no separate vote was required for the presentation.
