External auditor issues unmodified opinion on Ridgeway 2025 financial statements

Oct 15, 2026

An external auditor told the council the town’s 2025 financial statements received an unmodified opinion; auditors noted favorable sales tax and interest variances, a capital project timing variance in the water fund, and offered to answer follow‑up questions.

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Brian Blair, presenting the 2025 audit, told council the auditors issued an unmodified opinion: the town's financial statements "were presented fairly in all material respects, an unmodified opinion." He highlighted main variances: sales tax exceeded budget by about $356,000, interest income by roughly $115,000, lodging tax and building permit fees also outperformed budgets, and the water fund variance reflected an overbudgeted capital project that likely will roll to future years.

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