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Taylor auditors deliver unmodified opinion on FY2025 financial statements; council hears fund‑balance caution
Summary
Plant Moran presented an unmodified audit opinion for the fiscal year ended June 30, 2025, highlighting a $4.0M increase in the general fund and an unassigned fund balance of $20.6M (39.8% of expenditures); auditors cautioned the council that one‑time ARPA revenues drove much of the increase.
Plant Moran audit partner Bill Brickey told the Taylor City Council on Jan. 20 that the city’s financial statements for the year ended June 30, 2025, received an unmodified opinion — the highest level of assurance an auditor can provide.
The auditors also reported that the city complied with federal‑grant requirements in the year under the single‑audit rules. Brickey said the city spent just over $5.2 million in federal funds during the year and that Plant…
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