Lydia E. York Delaware State Auditor
Delaware State Lottery Annual Comprehensive Financial Report FY23
Fiscal Years Ended June 30, 2022, 2023
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Report Summary
Background
This engagement is for the Delaware State Lottery’s Annual Comprehensive Financial Report (ACFR), which presents a wide variety of important information to help readers properly understand the basic statements. This allows the Delaware State Lottery to participate in the Government Financial Officers Association (GFOA) ACFR certification program, which it has participated in for over 20 years. Unlike many other state lotteries, the Delaware Lottery’s revenue is not earmarked for any specific cause or group. Instead, the lottery generates income for the state’s General Fund.
This engagement was conducted in accordance with 29 Del. C. §2906.
Key Information and Findings
This audit contains an unmodified opinion. An unmodified opinion is sometimes referred to as a “clean” opinion. It is one in which the auditor expresses an opinion that the financial statements presents fairly, in all material respects, an entity’s financial positions, results of operations, and cash flows in conformity with generally accepted accounting principles. There were no findings required to be reported under Government Auditing Standards.
