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Eddy County receives clean audit; officials note rising assets and cash balances
Summary
Auditors presented Eddy County's FY2025 financial-statement audit, issuing an unmodified (clean) opinion with no findings; officials highlighted growth in assets and strong cash and investment balances driven by gross receipts tax and oil-and-gas revenue, while the federal single audit remained pending due to timing.
Auditors told the Eddy County Commission on March 10 that the county's fiscal year 2025 financial statements are fairly presented, issuing an unmodified opinion and reporting no material weaknesses, significant deficiencies or other findings.
—AJ, a partner with Carriggs & Ingram, said auditors could not complete the federal single audit because the federal compliance supplement was released late but confirmed the financial-statement audit…
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