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Harvey County receives 2024 financial audit; auditors report no cash-basis or budget-law violations
Summary
The county's 2024 financial audit, prepared by Lindburg Vogel Pierce Faris and presented by Assistant Administrator/Finance Director Shannon Kingsley, found no cash-basis or budget-law violations; the audit included an unmodified opinion on the regulatory basis and an explanatory note on GAAP differences.
Assistant Administrator and Finance Director Shannon Kingsley distributed the 2024 Harvey County financial audit prepared by Lindburg Vogel Pierce Faris and briefed the board on the report's findings. Kingsley told commissioners there were no cash-basis or budget-law violations identified in the audit.
The audit text in the agenda packet shows the auditors rendered an unmodified opinion on the regulatory basis of accounting required by the Kansas Municipal Audit and Accounting Guide while noting an adverse opinion relative to U.S. generally accepted accounting principles (GAAP) because the county's financial statements were prepared on the regulatory basis rather than full GAAP. No material statutory violations were reported in the audit and the auditor’s supplementary material and schedules were included with the report. The board received the audit; no formal action beyond receipt was recorded.
