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Simsbury auditors deliver clean 2025 opinion; board hears stable fund balances and pension gains
Summary
Town auditors reported unmodified (clean) opinions on Simsbury’s 2025 financial statements and major federal and state programs, citing revenue gains and stronger-than-expected pension and OPEB returns; auditors and staff flagged a few accounting transitions and follow-ups for board oversight.
Auditors from CliftonLarsonAllen told the Simsbury Board of Finance on Feb. 17 that the town’s 2025 financial statements received an unmodified opinion, with no major findings in the federal or state single audits.
"There was an unmodified opinion on the basic financial statements," David Flint said during the board meeting, describing the result as the best opinion an auditor can give. Flint said the federal single audit similarly returned an unmodified opinion on major federal programs and found no compliance issues for the programs reviewed.
The presentation highlighted Simsbury’s overall net position of about $164.3 million and strong…
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