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Curry County accepts FY2025 audit; auditors give unmodified opinion and note three findings
Summary
Auditors reported an unmodified (clean) opinion on Curry County's FY2025 financial statements and single-audit program; they noted three findings (a significant deficiency in the 10-year property tax schedule, bank-reconciliation discrepancies and unallowable DWI grant expenditures totalling nearly $31,000) and the Department of Finance and Administration has asked for a written response within two weeks.
Auditors from Cordova CPAs presented Curry County’s FY2025 financial audit and the commission voted to accept the report and adopt Resolution 2026-11.
"We are rendering an unmodified opinion," the auditor said, indicating the county's financial statements are presented fairly in accordance with U.S. generally accepted accounting principles. The auditors also issued an unmodified opinion for the county’s major federal program tested in the single audit.
Auditors highlighted several financial movements: fiscal‑year 2025 expenses rose (largely due to payroll increases and work on the Livestock Pavilion project), cash and investments declined somewhat compared with prior years, and the county added about $18.7 million in new capital assets during the fiscal year. The auditors singled out a county subsidy to the Event Center/Fairgrounds: roughly $5.3 million was subsidized in FY25 and the county incurred about $1.1 million of event-center expenses (excluding depreciation) in the period.
The audit included three reported findings: a significant deficiency in the 10‑year property-tax schedule where supporting detail did not tie to the schedule; bank-reconciliation discrepancies (small dollar amounts) reported as another matter; and unallowable expenditures in a DWI grant that required the county general fund to cover approximately $4,634 plus another $24,000 in expenditures the auditors described as ineligible, a total close to $31,000. Auditors said the single-audit program tested the Public Safety Partnership and Community Policing Grants and found compliance in material respects.
County manager Troy Pyle informed commissioners that the Department of Finance and Administration has received the audit and requested a written response to the findings within two weeks. Auditors recommended continued attention to reconciliations, the property-tax maintenance schedule, succession planning in finance functions and continued cybersecurity testing.
Commissioners thanked the audit team for their work and approved acceptance of the FY2025 audit by roll-call vote. The county will compile responses for the DFA and return with corrective-action details as required.
