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Lancaster County receives unmodified audit opinion; $11.6 million estimated liability for unused leave reported
Summary
External auditors gave Lancaster County an unmodified opinion with no material findings and no single-audit findings for federal funds; auditors reported an $11.6 million estimated liability for unused leave and noted ARPA-related federal expenditures declined as ARPA winds down.
County officials and auditors presented Lancaster County's annual audit to the Board on April 2.
Jonathan Nibarger, Assurance Senior Vice President at Allen, Gibbs & Houlik, L.C., reported an unmodified opinion — the highest level of assurance — and said there were no significant unusual transactions, no audit adjustments, and no material findings. He noted one minor uncorrected misstatement related to interest receivable that was deemed immaterial.
Nibarger said the county implemented GASB Statement 101 related to compensated absences, and the county reported an estimated $11.6 million liability for unused leave. He also reported that the required single audit of federal funds, including ARPA expenditures, resulted in no findings. Dennis Meyer added that federal expenditures have decreased from approximately $32.5 million at peak to $16.8 million as ARPA funding winds down, and he noted improvements in audit timeliness due to inclusion of a Management Discussion and Analysis and internal preparation of financial statements.
Why it matters: an unmodified opinion indicates auditors found county financial statements to present fairly in all material respects, and the $11.6 million estimate for unused leave is a recognized long-term liability relevant to fiscal planning.
