Fiscal Year 2025 Audit Results
At a glance
- What: the outside auditors' report on the city's financial statements for the fiscal year ended September 30, 2025 (a roughly 340 page audit book).
- Result: clean (unmodified) opinions; no deficiencies or non-compliance on federal and state awards; one material weakness on the financial statements (finding 2025-00001) for material adjusting entries in solid waste receivables, grant revenue cutoff, debt placed in the wrong fund and capital asset balances. Management has an action plan. Two prior-year findings were cleared and did not repeat. State-required compliance examinations found no exceptions.
- What's next: the audit is presented as information; no vote.
Sources
- 2026-10-08 - Finance (auto-captions)
Discussion time
About 5 minutes across 1 meeting (from transcript timestamps; approximate).
| Meeting | Minutes |
|---|---|
| 2026-10-08 - Finance | 5 |
Log
- 2026-10-06 - 2026-10-08 - Finance - Outside auditors presented the results to the Finance Committee; Lahnen summarized it as a clean opinion with one finding.