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Socorro receives clean audit for FY2025; single-audit finding on late reports addressed
Socorro City Council · March 19, 2026
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Summary
SB&G presented an unmodified opinion on the City of Socorro's FY2025 financial statements and single-audit compliance; auditors flagged late reporting on four Stone Garden performance reports and the city has prepared a corrective-action plan.
The Socorro City Council voted March 19 to accept the city's fiscal year 2025 annual financial report after a presentation by SB&G certified public accountants.
Abigail Tellez, SB&G audit manager, told the council the firm issued an unmodified (clean) opinion on the city's governmental financial statements and an unmodified opinion on…
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