The City of Nevada City has received a clean, "unqualified" audit opinion in a comprehensive independent audit of its financial operations completed recently by the regional firm of Smith & Newell, Certified Public Accountants.
Smith & Newell conducted a thorough audit of the City's financial statements for the fiscal year ending on June 30, 2009, concluding that they "are presented fairly, in all material respects, in conformity with generally accepted accounting principles in the United States of America."