Commission approves unmodified audit; staff flags upcoming accounting standard changes
The Marshfield Utilities Commission accepted an unmodified (clean) audit for 2025 with no material internal‑control weaknesses, heard financial highlights (water operating income up to $2.1M; electric down to $4.2M), and was briefed on upcoming GASB presentation and MD&A changes that will affect financial-statement format.
The full story
The Marshfield Utilities Commission on March 1 accepted an unmodified audit for 2025 and was briefed on accounting standard changes that will alter how the utility presents its financial statements.
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