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External audit finds Plano's FY2025 financial statements clean, no significant deficiencies
Summary
Weaver Tidwell presented an unmodified (clean) opinion on the City of Plano’s fiscal year ending Sept. 30, 2025 financial statements and the single audit; the auditors reported no material weaknesses, no significant deficiencies and no audit adjustments, and described testing performed across revenues, grants and utility billing.
Weaver Tidwell partner Jennifer Ripka told the Plano City Council that the firm issued unmodified (clean) opinions on the city’s financial statements for the fiscal year ended Sept. 30, 2025 and on the single audit of federal and state assistance.
Ripka described the engagement team and the audit scope, including compliance testing under the Public Funds Investment Act and uniform guidance for federal grant audits. She said the audit incorporated transaction‑level testing (including water and sewer account testing) and journal‑entry procedures to address management override risk. "We did issue an unmodified opinion on the financial statements," Ripka said, adding that the city had no significant deficiencies, no material weaknesses and no audit adjustments.
The partner credited the finance team for early completion: the financial statements were issued in January and the city is among the first governments in the state to complete the work, she said. Auditors also noted no findings in charges for services, federal and state financial assistance, and described the firm’s use of subject‑matter advisors for IT and data analytics.
The presentation concluded with an invitation for questions; council did not record follow‑up requests for corrective action. The audit results will be published in the city’s annual comprehensive financial report.
