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Auditors give Springfield a clean FY25 opinion; budget director flags pension pressures
Summary
Auditors Lauderback & Eamon presented an unmodified (clean) FY25 opinion with no internal control findings and a GFOA award; budget director Metzger gave a Q3 update showing FY26 revenues trending near budget but highlighting pension funding shortfalls projected by the actuary.
Lauderback & Eamon presented the city—s fiscal year 2025 audit to the Springfield City Council on Dec. 16, reporting an unmodified (clean) opinion and no material internal control findings. The auditors also noted the city received the Government Finance Officers Association (GFOA) certificate of achievement for excellence in financial reporting.
"Our goal is to issue what we call an unmodified or clean opinion, which is in fact what we have provided to the city," the auditor said during the presentation. The auditor encouraged council members and staff to review the Annual…
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