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Finance committee: FY2024 audit nears completion; county to solicit new audit proposals
Summary
CliftonLarsonAllen completed substantive audit review and anticipates the FY2024 financial statements in about two weeks; the board will solicit proposals for future audit services after concerns about prioritization and onsite presence were raised. Treasurer Kurt Albers also announced his retirement and noted an error in the tax-bill mailing.
Finance Manager Jill Johnson reported that CliftonLarsonAllen had completed detailed substantive audit areas, including cash, and that the financial statements and related reports were in the final review phase; the firm anticipated the financials would be ready within the next two weeks. Once FY2024 is finalized, the county can proceed with the FY2025 audit engagement.
Committee members also discussed seeking proposals for future audit services after noting concerns about CliftonLarsonAllen’s prioritization and limited onsite visits. County Board Chairman Paul Ducat and Vice Chair Jamie Bakken will compile potential auditing firms and draft a request to be mailed and posted on the county website. Treasurer Kurt Albers announced he will retire at the end of November and is removing his name from the ballot; he also said the tax-bill mailing included a printer error that mistakenly included prior-year bills in the mailing.
