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Auditors give Addison a clean opinion on FY2025 financial statements; council accepts annual report
Summary
The town's FY2025 annual comprehensive financial report received an unmodified audit opinion with no material weaknesses; council accepted the report and staff highlighted strong fund balances and healthy pension and OPEB metrics.
The Town of Addison received a clean, unmodified audit opinion on its FY2025 financial statements and the City Council accepted the annual comprehensive financial report on Feb. 24.
Amanda Turner, assistant director of finance, presented the FY2025 ACFR and introduced the external audit partner, Rachel Ornsby of the audit firm in the meeting packet. Ornsby reported no material weaknesses, no significant deficiencies and no audit…
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