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Auditor: Fletcher ends FY24–25 with higher fund balance; no areas of concern noted

Town of Fletcher Town Council · January 12, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The town auditor reported an increase in cash and fund balance for FY24–25 and said the town is well above its fund balance policy minimum; auditor found no areas of concern in the year‑end review.

Carol Avery, the town auditor, presented the FY24–25 audit summary to the council, reporting higher cash and fund balances and no audit exceptions.

Key figures presented by the auditor include approximately $11.22 million in general‑fund cash at year‑end (an increase of about $612,000 from the prior year),…

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