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Auditor issues unmodified opinion for Teton County FY2025; fund balance rises about $32 million
Summary
External auditor Jason Slice told commissioners the FY2025 financial statements received an unmodified opinion; the audit highlighted a roughly $32 million increase in governmental fund balances, a $740,000 liability increase from a GASB compensated‑absences change, and no material internal control deficiencies or federal compliance findings for tested programs.
Jason Slice, the audit partner from Jones Simpkins, presented Teton County’s fiscal year 2025 audit and reported an unmodified (clean) opinion on the financial statements covering the period 07/01/2024–06/30/2025.
Slice said the county ended the year with roughly $32 million higher fund balances — largely a result of increased cash and receivables and lower capital outlays compared with the prior year — and a…
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