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Waynesboro receives clean audit for FY2025; single-audit for federal grants to follow
Summary
Auditors from Brown Edwards told the City Council the FY2025 Annual Comprehensive Financial Report earned an unmodified opinion. Staff highlighted the city's reserves and unassigned fund balance; a separate single-audit report addressing federal grant testing is expected in January.
Rebecca Gunden, senior audit manager at Brown Edwards, told the Waynesboro City Council the auditors issued a “clean or unmodified opinion” on the city’s FY2025 Annual Comprehensive Financial Report, meaning the firm found the financial statements to be materially correct in accordance with generally accepted accounting principles.
Gunden said the firm will issue a separate single-audit report in January…
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