Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Fairview auditors give town a clean opinion; council hears month-to-date revenue uptick

3654952 · April 1, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Independent auditors issued an unmodified opinion on Fairview’s FY2024 financial statements and single audit; council staff reported year-to-date revenue increases driven by property tax and intergovernmental receipts.

Claire Wootton, director for Weaver, presented the independent audit of the Town of Fairview’s financial statements for the year ended Sept. 30, 2024, to the Town Council on April 1, 2025. Weaver issued an unmodified ("clean") opinion on both the financial statements and the federal single audit, and reported no material weaknesses, no significant deficiencies, and no compliance findings for the federal awards the firm tested.

The audit firm identified Fairview as a high-risk auditee under Uniform Guidance only because the town had not had a single audit in each of the prior two fiscal years; Weaver said performing single audits for two consecutive years would move the town to low-risk status for future federal testing. Weaver tested the Economic Development Assistance Program as the major federal program and reported no findings. Claire Wootton said the firm performed the audit under…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans