Park City's financial statements drew an unmodified audit opinion every year from FY2019 to FY2025
Three audit firms signed the opinions over seven years; the FY2025 report was dated Dec. 17, 2025, and the council received it on Dec. 18.
Continuing story: Auditing Park City
Park City's independent auditors issued an unmodified opinion on the city's financial statements for each fiscal year from FY2019 through FY2025, according to the annual financial reports. HBME, LLC signed the FY2023, FY2024 and FY2025 opinions. [1][2][3]
The opinions
FY2019: Piercy Bowler Taylor & Kern; the auditor's report is dated December 23, 2019. [7]
FY2020: BDO USA, LLP; dated January 29, 2021. The report includes an emphasis-of-matter paragraph on COVID-19 that does not modify the opinion. [6]
FY2021: BDO USA, LLP; the auditor's report is dated January 31, 2022. [5]
FY2022: BDO USA, LLP; dated February 10, 2023. The report includes an emphasis-of-matter paragraph about the adoption of the lease accounting standard, which does not modify the opinion. [4]
FY2023: HBME, LLC; dated December 19, 2023. [3]
FY2024: HBME, LLC; dated December 11, 2024. [2]
FY2025: HBME, LLC; dated December 17, 2025. [1]
Council receipt of the reports
On December 14, 2023 the council approved the FY2023 report on its consent agenda, 5-0. [8] On December 19, 2024 it approved the FY2024 report on its consent agenda, with Council Members Ciraco, Dickey, Parigian, Rubell and Toly voting aye. [9]
On December 18, 2025 the FY2025 report was an item "to Receive and Review" on the consent agenda, which passed with five aye votes. [10]
Other records
The FY2024 report includes a Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting for the year ended June 30, 2023. [2]
The FY2025 auditor's report says the auditors also issued a report dated December 17, 2025 under Government Auditing Standards. [1]
What was not reviewed
The text of the annual reports available for this review did not include the auditors' separate reports on internal control and compliance, so this article does not report whether those reports contain findings. No State Auditor report on Park City Municipal Corporation was located.
Sources
- Park City Municipal Corporation · FY25 annual comprehensive financial report
- Park City Municipal Corporation · FY24 annual comprehensive financial report
- Park City Municipal Corporation · FY23 annual comprehensive financial report
- Park City Municipal Corporation · FY22 annual comprehensive financial report
- Park City Municipal Corporation · FY21 annual comprehensive financial report
- Park City Municipal Corporation · FY20 annual comprehensive financial report
- Park City Municipal Corporation · FY19 annual comprehensive financial report
- Park City Council · Minutes, December 14, 2023
- Park City Council · Minutes, December 19, 2024
- Park City Council · Minutes, December 18, 2025
Reporting by The Utah Ledger from the public records above. AI-assisted, checked against those records.