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Marysville auditors issue clean opinion on 2025 finances; general fund posts $1.02 million gain
Summary
External auditor Karen Shafiq of UHY said Marysville received an unmodified (clean) opinion on its 2025 financial statements and reported a $1,021,899 increase in the general fund balance for the fiscal year ending June 30, 2025.
Karen Shafiq of auditing firm UHY presented Marysville’s 2025 audit to the City Council on Jan. 26, saying the auditors issued an unmodified, or "clean," opinion on the city’s financial statements.
Shafiq said the general fund had assets of $12,748,741, liabilities of $449,568 and a fund balance of $12,279,501 as of June 30, 2025. She reported total general fund revenues of roughly $13.2 million and expenditures of about $10.2 million, producing a net increase in the general fund of $1,021,899 for the year. "You do have an unmodified opinion or a clean opinion, which…
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