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City auditors deliver unmodified FY25 opinion; report highlights $80M+ capital investments, lower long‑term debt
Summary
Auditors Lauterbach & Eamon presented the fiscal 2025 audit to the Springfield City Council, issuing an unmodified (clean) opinion and reporting no material internal control findings; the firm highlighted more than $80 million in capital investments and a greater-than-7% reduction in long‑term debt.
SPRINGFIELD, Ill. — Springfield—s auditors presented the city—s fiscal 2025 audit at the Dec. 16 council meeting and issued an unmodified or "clean" opinion, saying they found no material weaknesses or significant deficiencies in internal control.
Neha Rao, the city—s chief accountant, introduced Jamie Wilkie of Lauterbach & Eamon. Wilkie told the council that the firm—s engagement produced a clean audit opinion and that related reports (including smaller entity reports issued as part of the engagement) also…
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