Annual Comprehensive Financial Report – Fiscal Years Ended June 30, 2024 and 2023

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Report Summary

Background

This engagement was performed in accordance with 29 Del. C. § 4816 and 29 Del. C. § 2906.

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.

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 present 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.

The Delaware State Lottery Annual Comprehensive Financial Report (ACFR) for Fiscal Years Ended June 30, 2024 and 2023, can be found on our website: Fiscal Year 2025 – Delaware State Auditor, Lydia E. York – State of Delaware

For any questions regarding the attached report, please contact OAOA_Comms@delaware.gov.