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Atwater City receives FY2024 audit update; council approves routine items
Summary
Atwater City council approved the agenda, minutes and an unaudited treasurer's report at a short meeting; the treasurer reported the FY2024 audit and single audit are complete and "will be issued by the auditor this week," and warned that new GASB statements will change liability calculations and reporting narratives.
Atwater City held a brief council meeting at 5:00 a.m. on Aug. 25, 2025, during which members approved the evening's agenda, the prior meeting minutes and the treasurer's unaudited report for the month ending July 31, 2025. The council then heard a verbal finance update from the treasurer, who said the FY 2324 audit and single audit are complete and will be issued by the auditor this week.
The treasurer told the council the audit will be brought forward later for formal presentation and review, and highlighted two upcoming Governmental Accounting…
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