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Auditors give Vienna a clean FY2025 opinion; council approves bond advisers and counsel payments
Summary
Robinson, Farmer & Cox issued an unmodified opinion on Vienna's FY2025 annual comprehensive financial report; the council approved appropriations to Davenport & Company ($104,000) and MaguireWoods LLC ($75,000) to support a 2025 bond sale amid council questions about sequencing and procurement.
The town's FY2025 annual comprehensive financial report received a clean (unmodified) audit opinion from Robinson, Farmer & Cox, the auditor reported to the Vienna Town Council on Dec. 8. Mike Moran, partner at Robinson, Farmer & Cox, told the council that auditors did not identify any material weaknesses or significant deficiencies in internal control or in single-audit compliance. He summarized key figures: governmental net position of roughly $57.17 million, business-type net position about $32.0 million, and a total governmental fund balance of $21,243,666 with…
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