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Bay City receives clean audit, finance staff praised
Summary
An independent audit for the fiscal year ending 06/30/2025 returned an unmodified (clean) opinion with no material weaknesses; auditors highlighted stable fund balance and federal single-audit coverage with no findings.
Jamie Rivett, an audit partner with Yo and Yo CPAs, told the Bay City Commission the firm issued an unmodified opinion on the city's financial statements for the year ending June 30, 2025, meaning the statements require no material modification. "I am happy to report we did not have any findings," Rivett said during the meeting.
Rivett walked commissioners through key numbers in the general fund, saying taxable value increases contributed to roughly an $1.9 million increase in revenue year over year. She said about…
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