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Auditors report no findings for Bradford County; county official offers $968,521 remittance
Summary
James Moore & Company presented the FY24–25 audit, issuing a qualified opinion only on OPEB and no findings on single-audit or internal-control reports; staff reported a healthy general-fund balance and a county official offered to remit $968,521 of unspent funds to the clerk.
Brennan McKittrick, partner with James Moore & Company, presented Bradford County’s fiscal 2024–25 audit and related reports, saying the firm issued the same opinion it provided last year: a qualified opinion limited to other-post‑employment‑benefits (OPEB) and otherwise unmodified.
“These financial statements are your financial statements,” McKittrick told the commission, and he said the single-audit testing produced no findings and the internal-control and compliance report contained no items to communicate. He also noted the county met statutory deadlines for filing the audit.
The auditor highlighted key financial figures: the county’s assigned and unassigned general‑fund balance measured about 49.6% of expenditures and transfers (the Government Finance Officers Association recommends a minimum of about 16.7%), and other governmental funds showed roughly $6.6 million in combined fund balance. McKittrick noted the government‑wide statements record a large actuarial liability for the Florida Retirement System that does not have a current budgetary impact.
Separately, a county official said the county planned to remit a check for $968,521 in unspent funds from the prior year to the clerk. Commissioners and staff thanked county accounting and clerk’s office personnel for completing the audit on time.
The commission did not take further formal action on the audit during the meeting; staff indicated they would follow up on any next steps required by statute.
