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City auditor issues clean opinion on FY2025; council receives comprehensive financial report
Summary
Brooks Watson & Company presented the FY2025 Comprehensive Annual Financial Report and issued a clean, unmodified opinion. The council voted to receive the audit and discussed key revenue and capital highlights, including sales‑tax declines and several capital projects.
Brooks Watson & Company presented Taylor’s audited financial statements for the year ended Sept. 30, 2025, and issued a clean, unmodified audit opinion.
Mike Brooks, audit partner, summarized the audit process and presented key figures: total M&O property tax collections of about $6.6 million, INS property taxes of about $8.7 million, and an issuance of roughly $12.7 million in new CO debt during the year. Brooks…
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