Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Trenton receives clean audit; revenue, fund balance and OPEB funding improve
Summary
Auditors told Trenton City Council the city received an unmodified (clean) audit opinion for the year ended June 30, 2025. General fund revenue rose about $1.8 million to roughly $27.1 million; the city’s OPEB funding ratio increased to 66% from about 40% after actuarial adjustments.
Auditors from Plante Moran told the Trenton City Council on Nov. 24 that the city received an unmodified audit opinion for the fiscal year ended June 30, 2025, and reported no audit findings or internal control issues.
Bill Ritchie of Plante Moran summarized the firm’s deliverables and said the audit communication included the financial statements and an auditor’s report to the mayor and council. “The city did receive what we refer to as an unmodified audit opinion,” Ritchie said, characterizing the opinion as a “clean” audit.
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
