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City audit: Gallatin receives clean opinion, modest net position gains
Summary
The city's independent auditor delivered a clean (unmodified) 2025 audit opinion, reporting increased net position for governmental and business-type activities, neutral pension liability movement, and a clean single-audit for federal grant spending (including ARPA).
City officials received the 2025 annual comprehensive financial audit during the committee meeting. Matt Wood, a partner at the audit firm ATA, told the council the financial statements received an unmodified (clean) opinion and that auditors found no internal control findings.
Wood reviewed several highlights: the…
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