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Wixom council accepts FY2024-25 audit showing $6.3M unassigned fund balance and clean opinion
Summary
Council accepted the city's FY2024-25 financial audit, which auditors said received an unmodified (clean) opinion; key figures cited included an unassigned general fund balance of about $6.3 million (roughly 38% of general fund expenditures), about $16.3 million in general fund expenditures and transfers, and OPEB funding above 100%.
The Wixom City Council voted Dec. 16 to accept the city's fiscal year 2024-25 financial audit after auditors told the council the statements earned an unmodified (clean) opinion.
Auditors from Plante Moran summarized the year's results, saying the city's unassigned general fund balance was about $6.3 million as of June 30, 2025, and that general fund expenditures and transfers for the year were roughly $16.3 million. The auditors said the unassigned fund balance represents about 38% of annual general fund…
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