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Audit gives Ocoee a clean opinion; commissioners press staff on water-billing write-offs and controls
Summary
An independent audit issued an unmodified opinion on Ocoee’s FY2025 financial statements, but commissioners pressed staff Friday about large utilities receivable write-offs and whether internal controls in water billing need additional review and operational audits.
An independent audit firm told the Ocoee City Commission on April 21 that it had issued an unmodified (clean) opinion on the city’s financial statements for the fiscal year ending Sept. 30, 2025, while flagging several items for follow-up and prompting commissioners to press staff about water-billing controls.
The audit partner from Bervis Gray & Company said the firm issued a clean opinion and found no material weaknesses or significant deficiencies in internal controls that rose to the level requiring a formal finding. The auditors also reported a clean compliance result for the city’s investment policy and a clean single-audit for federal and state awards, saying their testing did not identify material compliance issues.
The auditors highlighted several financial items in their presentation: the general fund experienced a negative change in fund balance, partly because the city transferred about $1,300,000 to the solid waste fund to help cover a long-standing…
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