Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lenoir council accepts FY2024-25 audit; auditors report no material weaknesses
Summary
The council accepted the annual audit for the fiscal year ending June 30, 2025. Auditor Cynthia Randolph reported combined governmental fund balances of about $25.65 million, an unassigned general fund balance of roughly $21.0 million, and no material weaknesses in internal control.
The Lenoir City Council voted on Jan. 6 to accept the city's annual audit for the year ended June 30, 2025. Cynthia (Cindy) Randolph, the city's CPA, presented the financial highlights and said the audit was submitted to the Local Government Commission and approved by that commission.
Randolph said the city reported combined governmental fund balances of $25,648,003.19, an…
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
