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Westminster council accepts annual audit showing $4.8 million net‑position increase
Summary
City Administrator summarized the auditor's report after the contracted auditor was absent; council voted unanimously to accept an unmodified audit that shows a $4.8 million increase in net position, stronger reserves, and several single‑audit items tied to federal grants.
The Westminster City Council unanimously accepted the city's annual financial audit after City Administrator Bronson presented highlights while the contracted auditor was unavailable. Bronson said the audit carries an "unmodified, unqualified opinion" and asked the council to formally accept the report so it can be distributed to state and federal agencies.
Bronson told the council the city's total net position rose by about $4.8 million in the audited year, reflecting…
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