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Orderville auditors issue unmodified opinion; town net position edges up
Summary
Independent auditors reported a clean (unmodified) opinion on Orderville’s fiscal year financial statements, noted no material weaknesses or compliance findings, and highlighted a modest net position increase and steady debt paydown.
Auditors presented the town’s annual financial report and gave Orderville an unmodified (clean) opinion on its financial statements. Chantry, representing the audit team, told the council the auditors found no material weaknesses, no significant deficiencies in internal control over financial reporting and no compliance findings.
The audit showed a net position (a basic measure of equity) of about $2.9 million as of June 30, 2025, and an increase of roughly $117,000 over the year, the auditor said. The town also carried about $1.9 million in outstanding bond debt across two general‑fund bonds and two water‑fund bonds; the town paid down roughly $95,000 during the year.
Brianna, the town’s finance staff, and other members of staff were thanked by council members for their work producing the records and supporting the audit. The council had no further questions and moved on to later agenda items.
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