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Murfreesboro council receives clean FY25 audit, adopts updated financial policies
Summary
Auditors gave the city a clean FY25 opinion and the council adopted updated financial policies that incorporate the Community Investment Trust, new fund-balance targets and purchasing changes. The auditor highlighted a $1.4 billion government‑wide net position and roughly nine months of general‑fund reserves.
MURFREESBORO — City auditors from Joe Hastings & Associates presented the City of Murfreesboro’s fiscal year 2025 audit to the council, saying the independent auditors’ report issued a "clean opinion" and that the comprehensive annual financial report and certificate of achievement for excellence in financial reporting were available on the city’s website.
"The report is available on the website," the auditor said, adding the audit has…
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