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Independent auditors give Fruit Heights a clean FY2025 opinion, note one late state report
Summary
Gilbert Stewart CPAs reported an unmodified/clean opinion on the city's FY2025 financial statements and found internal controls effective; the firm flagged one state compliance issue (a late deposit investment report) that the city corrected.
An independent auditor from Gilbert Stewart CPAs briefed the Fruit Heights City Council on the fiscal year ended June 30, 2025, saying the firm issued a clean (unmodified) opinion on the city's financial statements.
Ron Stewart described standard audit procedures—confirmation of cash and tax revenues, invoice tracing, recalculation of depreciation and other amounts—and said the financial statements "present fairly in all material respects" under U.S. generally accepted accounting principles. The auditors also evaluated internal controls and found no material weaknesses or significant deficiencies requiring reporting.
The presentation identified a single state-compliance finding: the city failed to timely file a deposit investment report required by the state. Auditors said the lapse appeared to be a miscommunication about internal filing responsibilities and noted the report has since been filed and corrected.
Council members asked whether the audit should be presented in full at a future meeting for training and questions; the auditor indicated a half-hour presentation would be more thorough and suggested scheduling the audit review and open-and-public-meetings/ethics training on a future agenda.
