SUBJECT:
Title
Present Report No. 2024-02 Operating Parts and Supplies Inventories FY 2024
Body
INITIATOR: DEPARTMENT:
Sachiko Horikawa, Internal Audit Director Clerk of Courts
DESCRIPTION/BACKGROUND:
Marion County (County) conducted its annual year-end physical inventory of significant operating parts and supplies, the result of which is summarized in the table below. We performed an audit of the inventory values presented by each department listed below to provide reasonable assurance that these values are free of material misstatements. These inventory values will be recorded as assets as of September 30, 2024, in the County’s Annual Comprehensive Financial Report (ACFR). Our opinion is that the departmental inventories are fairly stated in all material respects.
BUDGET/IMPACT:
None
RECOMMENDED ACTION:
Recommended action
None, informational purposes only
end