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Laramie auditors issue clean opinion on 2025 financials; restatements and OPEB change explained
Summary
Auditors reported unmodified (clean) opinions on the City of Laramie’s 2025 financial statements and the single-audit of federal awards, noted an emphasis-of-matter for restatements tied to accounting changes, and said no material internal-control or compliance issues were identified.
The City of Laramie’s auditors told council they issued unmodified (clean) opinions on the city’s fiscal-year 2025 financial statements, while also noting an emphasis-of-matter related to restatements of beginning net position linked to accounting changes and an error correction.
"We issued unmodified opinions on the financial statements, which is what you want," auditor Micah Klinger said, adding that the opinion included an emphasis-of-matter paragraph related to restatements tied to implementation of new accounting guidance.
Klinger explained…
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