Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Holland City Council adopts FY2025 audit, cites strong fund balance and single recommendation
Summary
The Holland City Council on Dec. 3 adopted the FY2025 financial audit, which carried an unmodified opinion. Finance Director Lynn McCammon highlighted a $2.2 million increase in fund balance to $16.282 million, a single recommendation on grant budgeting, and continued pension liabilities of about $30 million.
HOLLAND, Mich. — The Holland City Council unanimously adopted the city's fiscal year 2025 financial audit at its Dec. 3 meeting, after a presentation from Finance Director Lynn McCammon that said outside auditors issued an unmodified opinion.
McCammon told the council the auditing firm delivered a 263-page report and that the city earned the highest-level opinion, meaning the audited financial statements are materially accurate and reliable for decision-making. She highlighted a $2,200,000 increase in the city's total fund…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
