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Jacksonville accepts FY2025 external audit; auditors report clean opinion
Summary
City council accepted the fiscal year 2025 external audit, which auditors said yielded a clean (modified) opinion and showed the city's net position rose to about $313 million; auditors noted one corrected material weakness related to closeout entries.
Jacksonville's city council voted to accept the fiscal year 2025 external audit after an in-person presentation by Jake Connor of audit firm Malden and Jenkins.
Connor told the council the firm "got a clean opinion, which is a modified opinion," and walked members through the city's financial snapshot, saying total net position was about $313,000,000 for the current year, up from $288,000,000 the prior year. He said most of the increase was…
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