Jamestown auditors: 2024 shows $944,000 use of fund balance, ARPA funds drive testing External auditors told the Jamestown City Council that fiscal 2024 ended with a $944,000 draw on the general fund and that nearly $8.5 million in federal awards (largely ARPA-related) required expanded single-audit testing; auditors noted improved audit preparedness but retained an internal-control comment on segregation of duties.

Jamestown's 2024 financial audit reveals a staggering $944,000 dip in the general fund balance, raising eyebrows over ARPA spending and budget forecasts!

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