Council accepts FY2022–23 audit; auditors report unmodified opinion but note delayed filings and internal-control findings

The City Council accepted the independent audit for the fiscal year ended June 30, 2023, after presentation by Violet Kuykendall, audit partner with Hood & Associates, on June 23, 2025.

Kuykendall said the auditors issued an unmodified opinion on the city’s financial statements, meaning the statements were presented fairly in all material respects. She summarized government‑wide totals reported in the audit: total assets of about $401.4 million and net position of about $255.7 million as of June 30, 2023. She said governmental expenditures were roughly $73.0 million, charges for services $38.0 million, and general revenues about $44.5 million for the period.

The auditors’ report identified non‑material findings required by government auditing standards. The first finding noted the city did not produce audited financial statements in a timely manner for FY2023 and recommended evaluating options to meet filing requirements; Kuykendall said delays were partly caused by late component‑unit reports. The second finding concerned internal controls over civic center operations: the auditors were unable to provide supporting documentation for all civic center revenues, including rental and concession sales; the report recommended improved controls and timely reporting. Additional compliance findings identified late filing of the audit with the Oklahoma State Auditor and Inspector and late submission of the federal data collection form to the audit clearinghouse.

Kuykendall said no material weaknesses or significant deficiencies were identified and that the single‑audit procedures over major federal programs (noted as ARPA and the Emergency Management Performance Grant) did not reveal material noncompliance.

Council moved to accept the audit; the roll‑call vote recorded one “no” vote by Councilmember Jamie Stout and the item passed.