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Auditors give Kenai a clean report, note minor adjustments and recommend control reviews
Summary
Independent auditors told the Kenai City Council they found only minor adjustments to the 2025 financial statements, no uncorrected misstatements, and recommended routine reconciliations and periodic reviews of system access.
The Kenai City Council on Thursday received its annual audit and a largely positive assessment from the independent auditor, who said the city’s finance team prepared a thorough set of statements and cooperated fully during the process.
"We did not identify any... uncorrected misstatements," auditor Ms. Mariner said, noting only a few minor journal adjustments — including a stale airport check reversal, a $149,000 increase to reported investment income, and a reclassification related to land sales. She told council those changes did not…
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