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Cloverdale accepts clean audit; city posts $3.3 million increase in net position
Cloverdale City Council · March 4, 2026
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Summary
Cloverdale officials accepted an unmodified (clean) audit for fiscal year ending June 30, 2025; auditors reported a $3.3 million increase in net position and noted unfunded retiree medical and pension liabilities.
The Cloverdale City Council accepted the city's audited financial statements for the fiscal year ending June 30, 2025 on Feb. 25, following a presentation from the city's auditor.
Terry Krieg, the independent auditor, told the council he had issued an unmodified opinion and that the city's combined net position increased by about $3.3 million during the…
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