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County comptroller and auditor report clean FY25 audit; one corrected misstatement noted
Summary
CliftonLarsonAllen presented the FY25 audit and county annual comprehensive financial report, issuing an unmodified (clean) opinion; auditors reported one corrected misstatement (~$740,000) in the solid‑waste fund and recommended procedural training to address year‑end cutoff controls.
CliftonLarsonAllen (CLA) presented Carroll County’s fiscal year 2025 audited financial statements and the annual comprehensive financial report (ACFR) during the Dec. 4 meeting, delivering an unmodified (clean) audit opinion.
Sherry Amos of CLA told commissioners the audit yielded a clean opinion and that financial statements are prepared by management. Auditors implemented a new Governmental Accounting Standards Board standard related to compensated absences and reviewed actuarial estimates for pensions and other post‑employment benefits. CLA reported one corrected misstatement in the solid waste fund — an invoice of approximately $740,000 that was recorded in FY26 but pertained to FY25, and auditors recommended improved year‑end cutoff procedures. Staff said the county will offer training to departments to reduce future cutoff errors.
Comptroller staff said the ACFR will be posted online and noted the county’s strong internal collaboration during the audit. Commissioners thanked the comptroller’s office and the audit team for completing the work on a tight schedule.
Next steps: the ACFR will be posted, staff will continue training, and the comptroller’s office will respond to the audit’s internal control recommendation regarding year‑end cutoff.
