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Council presses staff after 2024 audit remains incomplete and S&P places city on notice
Summary
Council members learned the 2024 audit had not been completed; staff said S&P Global dropped the city from active rating consideration pending up‑to‑date audits. Council asked the manager for a written report, supporting documentation, and a timeline for completing audits and restoring rating standing.
Council raised urgent questions on May 4 after Interim Finance Director Miss Cartwright confirmed the city’s 2024 financial audit had not been completed.
City Manager Redmond Jones and Miss Cartwright told council that S&P Global had removed the city from active rating consideration because auditors lacked timely audit reports. Jones said S&P would revisit East Point once required…
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