Oskaloosa council accepts FY2025 audit, authorizes $12,250 in auditor payments

The Oskaloosa City Council on Nov. 3 received the fiscal-year 2025 audit and authorized payments totaling $12,250 to cover auditor fees. Auditor Richard Atterbury introduced himself and the report, saying the firm’s opinion on the city’s primary-government financial statements was “an unmodified opinion.”

Atterbury, who identified himself as a CPA and managing partner at Martinsons Company (which he said had merged and was now Haggard Comer), told the council the audit was "very similar to the reports of recent years" and that staff had been cooperative. He said the city’s cash balances rose about 21% (about $6.2 million), largely because the city had borrowed money late in the fiscal year for the Southeast Connector and had not yet expended those funds. He added that the city did not go over budget and that there were no significant internal-control findings in the single-audit-related sections.

Council members asked for page references to two large donations Atterbury had noted; he pointed them to the back of the report (page 60–61), identifying an $80,000 donation to a memorial and a $462,000 entry related to the public library as items shown under miscellaneous gifts.

After discussion, the council moved, seconded and voted to receive and file the audit and to authorize payment of $11,400 to Martinson(s) Company and $850 to the Auditor of State. The motion passed by roll call.

The council’s receipt of the audit begins the record that supports the city’s financial statements and preserves the auditor’s observations for public review. The audit and the council action do not themselves change city policy; they document the city’s fiscal position and the auditor’s opinion. Copies of the audit are available in the council packet and include management’s discussion and analysis, financial statements and the federal single-audit schedules where required.

The council moved on to other agenda items after the vote.