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Oskaloosa council accepts FY2025 audit, authorizes $12,250 in payments to auditors
Summary
The council voted to receive and file the fiscal year 2025 audit and authorized payment of $11,400 to Martins (Martinsons) Company and $850 to the Auditor of State. Auditor Richard Atterbury reported an unmodified opinion on the city's primary government and said there were no significant findings.
The Oskaloosa City Council voted Nov. 3 to receive and file the city's fiscal year 2025 audit and to authorize payments totaling $12,250 to auditing entities. The motion authorized $11,400 to Martins (Martinsons) Company and $850 to the Auditor of State.
The vote followed a presentation by Richard Atterbury, CPA, who said the audit produced an "unmodified report on the primary government," meaning the city's financial statements were presented fairly. Atterbury noted the city's water works files a separate audit and is not included in the primary-government opinion. "Our opinion is shown as what we call an unmodified report on the primary government," he said.
Atterbury told council there were no significant internal-control or federal single-audit findings to report. He summarized several key figures: cash balances rose about 21% (about $6.2 million), largely due to borrowing tied to the Southeast Connector project, the general fund increased roughly 5%, and overall debt rose about $2 million associated with a general obligation loan issued in June.
Councilmembers asked staff to point to specific entries for larger donations cited in the report. Atterbury directed them to the notes and schedules near pages 60—61 for the line items showing a Fireback family memorial entry and a public-library gift. He said the schedules explain whether those receipts remain unspent.
The council approved the motion by roll call. The authorization to pay the auditors was part of the same motion to receive and file the audit report.
Council will retain the full audit document in the official record; Atterbury encouraged members to read the Management's Discussion and Analysis section for a concise summary of the report.
