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Springfield finance audit: unmodified opinion, one state-reporting item on ambulance fund
Summary
The city’s FY2025 audit returned an unmodified opinion with no material findings; auditor noted one state-reporting item — a negative ending balance in the ambulance fund — that will be disclosed to the state, and praised Springfield’s finance staff for meeting deadlines and a long GFOA streak.
At a council work session, auditor Ryan Pasquarelli of REDW told Springfield elected officials that the city’s fiscal year ending June 30, 2025, received an unmodified audit opinion, signaling no material errors in the financial statements.
Pasquarelli said the city and CETA both received…
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