Auditor issues clean opinion; county reserves well above policy
CLA auditor Jonathan Sherwood presented an unmodified (clean) opinion on county financial statements, reported no federal/state compliance findings, noted two repeat material weaknesses (audit adjustments and limited segregation of duties in small departments), and said St. Croix County's general-fund reserves are about 49.6%—well above the county's internal 35% policy.
The full story
CLA auditor Jonathan Sherwood told the board the county received an unmodified (clean) audit opinion for the year and that the auditor's work found no federal or state compliance findings in the federal single audit or state program tests.
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