Plante Moran presented the city of Trenton's fiscal-year audit for the year ended June 30, 2025, to the City Council on Nov. 24. The auditors reported an unmodified (clean) opinion and no audit findings for the current year.

Bill Ritchie told the council, "I'm happy to report that we did not have any audit findings in the current year." Manager Nate Sherib presented key figures: general fund revenue rose by about $1,800,000 (7%) to $27,100,000; property-tax revenue accounted for roughly $17,600,000 (an increase of about $1.4M); total general fund expenditures were about $26,200,000; and the general fund balance increased to approximately $11,400,000, with $5,600,000 unassigned (about 21% of annual expenses).

Sherib and Ritchie highlighted pension and retiree health-care (OPEB) funding levels: the municipal retirement plan is roughly 70% funded, the police and fire pension about 77% funded, and the OPEB plan around 66% funded. Councilman Perugy asked about the OPEB improvement from about 40% to 66%; auditors attributed the change to actuarial "experience differences" and the normalization of COVID-era cost projections.

The auditors summarized that revenue increases were driven largely by a roughly 7% increase in taxable value and a one-time Michigan local retirement grant that contributed to federal/state revenue increases. The presentation closed with auditors answering questions; council received and placed the audit materials on file.