Westminster auditors issue unmodified opinion; single-audit reports one housing-quality finding

City auditors from SBA Company LLC presented the results of the City of Westminsterfinancial audit for the year ended June 30, 2025, and delivered a clean, unmodified opinion on both the financial statements and the federally required single audit.

Chris Lienen, engagement partner, told the council the firm completed the financial statement audit and the single audit required because the city spent more than $750,000 in federal funds during the year. "We issued an unmodified opinion on the financial statements and an unmodified opinion on the uniform guidance single audit," he said, and added the auditors did not discover instances of fraud.

The auditors reported one single-audit finding related to the housing choice voucher program. The finding, explained in the single-audit report in the council packet, concerns noncompliance with housing quality standards enforcement requirements. Auditors characterized the finding as not a material weakness in internal control but required to be reported under single-audit standards.

Council members congratulated city staff for the overall results. The finance director confirmed the auditors had full cooperation from management and staff, and council members publicly commended Theresa Rogers and the finance team for producing what several members called one of the best audit reports in recent memory.

Auditors noted they performed certain non-attest services to assist in preparation of financial statements but said those services did not impair auditor independence. They also noted one prior audit adjustment related to income tax reserves.

Council asked no follow-up motions; the audit will appear in the official meeting record and remain available in the city's audit packet.