Owasso – January 24, 2024: At the semi-annual City of Owasso Citizen’s Audit Committee meeting, the committee was presented with the City of Owasso’s Fiscal Year 2023 Annual Financial Statements. These statements are prepared in accordance with generally accepted accounting principles as part of the state-required audit by an independent, certified,
and municipally licensed auditor.
The City was audited by Berberich Trahan & Co., P.A. (BT & Co) of Topeka, Kansas for a third year in a row. BT & Co issued an unmodified opinion on the audit, and did not find any unusual
transactions, or any deficiencies in internal controls. The auditors were most impressed with Owasso’s Finance Department as the only municipality, audited by the firm, that had information readily available and required no outside assistance in implementing a newly issued accounting standard. At the January 9th City Council meeting Councilor Doug Bonebrake mentioned the seamless transition in leadership in the City of Owasso Finance Department and further commented on the audit as “from my vantage point it looked really really good.”
Owasso City Manager Warren Lehr commented “When it comes to building trust between citizens and government, there is nothing more important than the handling of public money. For many years now, the City of Owasso has received the highest praise possible from both third-party auditors and the Government Finance Officers Association of America. It’s one thing to believe we are doing all the right things internally, but it’s another thing altogether and extremely satisfying to be commended by experts from the outside.”
Director of Finance Carly Novozinsky commented on the audit, “The Finance Department takes pride in ensuring that all transactions are properly recorded and accounted for. We are pleased to continue to serve the citizens of Owasso by providing accurate and transparent financial reports