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City auditors issue clean FY2025 opinion; council hears fund‑balance and enterprise‑fund notes
Summary
Independent auditors delivered a clean (unmodified) opinion on Columbus’ FY2025 financial statements and reported no audit findings; they highlighted a $26.2 million strategic use of general‑fund balance and flagged operating losses in several enterprise funds that will require monitoring.
The City of Columbus received a clean, unmodified opinion on its FY2025 financial statements during the City Council meeting Tuesday, an external auditor told council members.
David Erwin, managing partner with Malden and Jenkins, said the audit and accompanying compliance reports — including a single audit tied to federal spending — produced no findings and showed the city’s financial statements are “fairly presented in all material respects.” He said the report reflects strong oversight and that the city can rely on the statements for financial decisions.
The audit presentation highlighted the city’s key year‑end figures: total government assets…
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