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Paragonah receives unqualified audit opinion for fiscal 2025; auditor flags internal-control best practices
Summary
Independent auditor Kayla Breeze presented Paragonah’s 2025 audit, issuing an unqualified opinion, noting no material weaknesses or significant deficiencies under town control, and recommending continued segregation of duties and board oversight of vendor payments and internal controls.
An independent auditor, Kayla Breeze, presented the town’s fiscal-year 2025 financial statements and said her firm issued an unqualified opinion on the financial statements. Breeze told the board there were no material weaknesses or significant deficiencies under town control and that the report included a state compliance review that the town also passed.
Breeze reviewed items she watches closely, including fixed-asset reporting (pages 37–38 of the audit), business-type activity improvements (water and electric), and profit-and-loss summaries (page 20). She reminded board members of their oversight role: establishing segregation of duties and asking questions about unfamiliar vendors on the check register.
Breeze recommended board review of the management’s discussion and analysis section (pages 5–12) for a concise summary of the year and encouraged any member who wants a deeper dive to request additional detail from staff or the auditors.
Board members thanked audit staff and noted the report’s findings will inform future budgeting, reserves planning and capital project prioritization. No vote was required for the audit presentation.
