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City audit: Livingston gets clean opinion, notes compliance item tied to impact fees
Summary
Auditors gave Livingston a clean FY25 financial opinion and reported a repeat compliance finding tied to impact‑fee balances the city is intentionally retaining for a planned railroad crossing. The commission accepted the audit and thanked finance staff.
Auditors from Amatics CPA Group told the Livingston City Commission on Dec. 3 that the FY25 annual comprehensive financial statements received an unmodified (clean) audit opinion. Morgan Scar, the auditor, explained the reports include a management discussion and analysis and an internal control and compliance report required by Government Auditing Standards.
What auditors found: The audit opinion was clean, but Scar disclosed one instance of noncompliance that mirrors prior years: the city’s impact‑fees fund holds a larger balance than Montana code contemplates for a service‑charge fund. Scar said the balance reflects an intentional accumulation of funds for a future railroad‑crossing project rather than an accidental overcharge.
Public and council reaction: Commissioners and the public asked clarifying questions about the impact‑fee balance and possible penalties; staff and auditors said the city’s intent and plans for the funds mitigate the compliance concern. Commissioners thanked the finance department for clear reporting and moved to accept the FY25 audit.
Outcome: The commission voted to accept the audit. Staff will continue to monitor compliance requirements as projects and spending are programmed.
