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Walton County accepts clean FY25 audit showing strong fund balance despite three accounting findings
Summary
Auditors reported an unmodified (clean) FY25 opinion, with general‑fund revenues of about $91.9M, expenditures of $73.4M and an unassigned fund balance of $82.3M. The audit included three accounting findings tied to ARPA timing, capital accounting and a tax-commissioner custodial restatement.
Walton County commissioners voted unanimously to accept the county's fiscal year 2025 audit after a presentation by Ryan Jones, a partner with Malden and Jenkins, who said the firm issued an unmodified — or clean — opinion on the county's financial statements.
Jones told the board the audit followed government auditing standards and said, "Our audit opinion was unmodified, meaning a clean opinion." He added the auditors relied on other firms' work for the Walton County Health Department, which is audited separately.
The audit presentation outlined recent financial trends and the county's key metrics: general‑fund revenue in FY25…
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