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City manager says delayed audits expected by Oct. 15; finance director praised
Summary
City Manager Monty Falls and Finance Director Lisa Burnham updated council on the city audit status: the council‑imposed September 30 deadline was superseded by a JLAC date of Nov. 17, and staff expects to submit the outstanding audit by Oct. 15; finance staff were commended for extensive work on audits and the budget.
City Manager Monty Falls and Finance Director Lisa Burnham provided the council an update on the city’s outstanding audits and timetable.
Falls said the city submitted the 2022–23 audit in May and that the 2023–24 audit deadline had been self‑imposed as September 30. The Joint Legislative Auditing Committee (JLAC) informed the city that the state deadline for audit submission without penalty is November 17; Falls said staff now expects to submit the 2023–24 audit by Oct. 15, ahead of that state deadline.
Lisa Burnham and finance staff were thanked by the manager and council members for long hours and for preparing multiple audits and the budget; Falls said the finance team has completed substantial audit preparation under pressure and that staff will post JLAC correspondence on the city website for transparency.
Why it matters: timely audits affect state reporting and the city’s administrative standing. Falls said clearing the outstanding audits will return the city to a regular audit cadence.
Ending: Staff indicated the 2023–24 audit will be submitted in mid‑October and the 2024–25 audit is planned to be completed in 2026 as part of the regular schedule.
