Signed Final Report and Financial Statements
BudgetAI Summary
The Worcester Redevelopment Authority's audited financial statements for the fiscal year ended June 30, 2024, received an unqualified audit opinion from CliftonLarsonAllen LLP, indicating the statements fairly present the Authority's financial position in accordance with generally accepted accounting principles. The audit identified a prior-period error correction related to prepaid expenses that resulted in a restatement of beginning net position. The financial statements include a Statement of Net Position, Statement of Revenues, Expenses and Changes in Net Position, Statement of Cash Flows, and related notes.
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