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Alexander County audit returns unmodified opinion; board approves audit, budget amendments and consent agenda
Summary
Auditor Beau Hildebrand presented draft 2025 audited financial statements with an unmodified opinion and an increase in available fund balance to about 44.82% (roughly five months of expenditures). The board then approved the audit, several budget amendments and the consent agenda.
Beau Hildebrand of Martin Starnes and Associates presented Alexander County’s 2025 audited financial statements and reported an unmodified opinion, indicating the auditors found no material misstatements. The draft audit showed general fund revenues are led by ad valorem property taxes (about 48% of revenues) and local option sales tax (about 26%). Total general fund expenditures were reported near $50,000,000.
Hildebrand said the county’s available fund…
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