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Plante Moran delivers clean FY2025 audit; Trenton sees revenue gains and improved pensions
Summary
Auditors from Plante Moran reported an unmodified (clean) audit opinion for the year ended June 30, 2025, with general fund revenue up about $1.8 million to roughly $27.1 million and OPEB funding improving to about 66%.
Plante Moran presented the City of Trenton’s audit for the fiscal year ended June 30, 2025, telling council there were no reportable audit findings and that the auditors issued an unmodified (clean) opinion on the city’s financial statements.
Nate Sherib, manager on the audit, said general fund revenue increased by about $1.8 million (7%) to roughly $27.1 million for the year. Property taxes were the city’s largest revenue source for the general fund at about $17.6 million, up roughly…
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