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Town treasurer: 2023 audit complete, $4.5M property tax and conservation trust funds released; staff seeks 2024 audit engagement

5465132 · July 23, 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

Town finance staff reported an independent audit found Wellington's 2023 financial statements fairly presented, and trustees approved an engagement letter for the 2024 audit.

WELLINGTON, Colo. — The Town of Wellington's finance director reported to the board July 22 that independent auditors completed the audit of the 2023 financial statements, the state auditor accepted the reports and delayed revenues — including a lump‑sum Larimer County property‑tax payment — have been released to the town. Trustees approved the consent agenda that included authorization for the town treasurer to sign an engagement letter for the 2024 audit.

Nick Redavid, the town's finance director and treasurer, told trustees the audit of financial statements for the fiscal year ending Dec. 31, 2023, was completed June 26, 2025 and accepted by the Colorado Office of the State Auditor. He…

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