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Gaithersburg posts clean FY25 audit; general fund posts unexpected increase
Gaithersburg City Mayor and Council · January 6, 2026
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Summary
City auditors issued an unmodified (clean) opinion on Gaithersburg's FY25 financial statements; staff reported a roughly $8 million increase in general fund balance driven by revenue outperformance and expense savings.
City finance staff and the city's external auditors presented the FY25 annual comprehensive financial report to the Mayor and Council on Jan. 5. Janice Hartman, Director of Finance Administration, said the city's general fund increased by approximately $8 million compared with a budgeted $5.7 million decrease; the improvement was…
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