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Auditors give Mauldin a clean opinion; city reports strengthened net position
Summary
Auditors told Mauldin City Council the city's financial statements for year ending June 30, 2025, received an unmodified opinion; staff highlighted approximately $121 million in assets and a net position near $80 million with a general fund unassigned balance of roughly $11 million.
Mauldin — Auditors from Scott & Company told the City Council on Nov. 17 that Mauldin’s financial statements for the fiscal year ended June 30, 2025, are presented fairly in all material respects and received an unmodified (clean) opinion.
Michael Slapnick, lead auditor, praised the city’s financial reporting and noted the city had received a Certificate of Achievement for Excellence in Financial Reporting for FY24 and anticipates similar recognition for FY25. He…
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