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Centerville council accepts FY2025 audited financial statements; single‑audit not required this year
Summary
The council received an unmodified FY2025 audit opinion from Larson & Company and accepted the financial report. Auditors reported no material internal control weaknesses or reportable noncompliance; council discussed single‑audit thresholds tied to anticipated federal project spending.
Centerville — Larson and Company presented Centerville’s audited financial statements for the fiscal year ended June 30, 2025, and issued an unmodified opinion. The audit report, delivered in council on Dec. 16, identified no material weaknesses in internal control and no instances of reportable noncompliance with provisions tested.
Auditors…
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