Larimer County has once again proven its financial stewardship, scoring a clean bill of health for its 2024 Annual Comprehensive Financial Report, according to a recent announcement. The county's fiscal practices were thoroughly reviewed and given the all-clear, offering residents a sense of security in the local government's ability to manage funds. RubinBrown, an independent firm of certified accountants, carried out the audit as mandated by state law, scrutinizing the county's financial dealings to ensure transparent and accurate reporting.
During their regular Administrative Matters Meeting, the Board of Larimer County Commissioners formally accepted the report's findings, the clean audit opinion reflects the county's adherence to recognized national accounting standards, it also indicates that its financial statements are free from any serious misstatements, a detail that not only demonstrates fiscal responsibility but also helps maintain a robust bond rating for the county. These ratings are vital, as they affect how much it costs the county to borrow money and provide a glimpse into the overall health of its finances.
The audit was meticulously prepared by county staff under the leadership of Finance Director Lorrie Lopez, Controller Sayaros Mohamed, and Accounting Manager Cara Sloey. Their efforts are integral to the county's continued recognition for high financial reporting standards. As noted by Larimer County, "A clean opinion provides the public with confidence the county’s financial reporting is reliable and transparent," highlighting the importance of such an opinion in fostering trust between the government and its citizens.
