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Audit review committee recommends City Council accept Boulder City's financial report after auditors issue clean opinion
Summary
The Boulder City Audit Review Committee voted to recommend the City Council accept the Annual Comprehensive Financial Report for the year ending 06/30/2025 after outside auditors issued an unmodified ("clean") opinion and reported no current-year findings; the report shows increased reserves and a $17 million transfer to the swimming pool fund authorized by voter measures.
The Boulder City Audit Review Committee voted to recommend the City Council accept the Annual Comprehensive Financial Report (ACFR) for the year ending 06/30/2025 after outside auditors issued an unmodified, or "clean," opinion and reported no current-year findings.
Finance Director Cynthia Snead summarized the ACFR and turned the presentation over to audit representative Crimson Singleton, who told the committee the auditors had issued a clean opinion on the financial statements and found no issues in the current year that required reporting. "There was an unmodified or, in other words, a clean opinion," Crimson said during a short slide presentation.
The audit presentation highlighted fund-level changes: governmental funds showed a change in…
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