YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

CU receives clean rating in audit

Posted online
The Board of Public Utilities Thursday accepted an independent auditor’s report that gives City Utilities an unqualified, or “clean,” opinion.

The audit rating is the highest the organization could achieve, according to a CU news release.

KPMG of Kansas City audited CU’s financial statements for the fiscal year ended Sept. 30.

“In our opinion, the financial statements present fairly, in all material respects, the respective financial position of the public utility, the water utility and the total business-type activities of City Utilities as of Sept. 30, 2006 and 2005,” the audit report states.

CU conducts an independent financial audit annually.[[In-content Ad]]

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Yallternative Eats

A food truck that launched last year rebranded and moved to Metro Eats; automotive repair business Mitchem Tire Co. expanded its Christian County presence; and O’Reilly Build LLC was acquired.

Most Read
Update cookies preferences