Brentwood auditors deliver clean financial report for 2024 budget year

The Brentwood City Commission meeting on March 20, 2025, featured a significant presentation from the city’s auditors, who delivered a positive report on the city’s financial status. The auditors, Julie and Kent, expressed their appreciation for the opportunity to serve and confirmed that the audit results were favorable, indicating a clean opinion on the financial statements.

The audit covered both the City of Brentwood and the Brentwood Emergency Communications District. The auditors noted that there were no significant changes in accounting policies from the previous year, suggesting a stable financial environment. They highlighted that the city’s financial statements were fairly presented and complied with government auditing standards.

Key points from the audit included the assessment of estimates related to depreciation of long-lived assets and pension liabilities, which were deemed routine and without significant issues. The auditors praised the city’s team for their cooperation throughout the audit process, emphasizing the absence of any disagreements or difficulties.

A notable highlight was the general fund balance, reported at approximately $58 million, which represents 91.8% of the total expenditures for the fiscal year 2024. This figure indicates a robust financial position for the city.

In conclusion, the auditors confirmed that there were no major concerns regarding internal controls or compliance, reinforcing the city’s sound financial management. The meeting concluded with an invitation for questions, reflecting the auditors' commitment to transparency and collaboration with the city commission.