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Auditors issue clean report for Fairfax City FY2025; council accepts ACFR
Summary
Independent auditors issued an unmodified (clean) opinion on Fairfax City's FY2025 financial statements; the council received the ACFR presentation and unanimously accepted the report. The audit noted implementation of GASB 101 and provided management recommendations on reimbursements, payroll automation and grant management.
Finance Director Lynn Guzman and auditors from Robinson Farmer Cox presented the City of Fairfax's FY2025 Annual Comprehensive Financial Report (ACFR) on Dec. 9. Auditor Andrew Grossnickl told the council the audit resulted in an unmodified (clean) opinion on the financial statements and no material…
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