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Coweta County audit returns a clean opinion; general‑fund balance exceeds GFOA guidance
Summary
Independent auditors gave Coweta County an unmodified (clean) opinion on its FY2025 financial statements and its single‑audit of ARPA funds, reporting no material weaknesses and a general‑fund balance of roughly $25.4 million (about 86 days).
Greg Chapman, a partner at Nichols Collie & Associates, told the Coweta County Board of Commissioners that the firm issued an unmodified—or “clean”—audit opinion on the county’s FY2025 financial statements and a clean single‑audit of federal ARPA grant testing. “The results of the audit is an unmodified opinion. That’s a clean opinion,” Chapman said during the May 19 meeting.
Chapman and Finance Director Hans Wilson outlined the county’s general‑fund picture: property taxes made up about 40% of general fund revenue and sales taxes about 22%. Chapman said the county ended the year with approximately $25.4 million in general‑fund reserves—about 86 days of operating costs—above the Government Finance Officers Association’s recommended 60‑day minimum.
Chapman told commissioners his team found no material weaknesses or significant deficiencies in internal controls and reported no findings in the ARPA grant testing. He also noted Coweta received GFOA recognition for its reporting for the 16th consecutive year.
Wilson thanked the auditors and said the reports and supporting documents are available on the county website. The board took no further action on the audit presentation after questions from commissioners about particular line items and grant reporting.
The presentation reinforced staff’s earlier budget amendment request (part of the consent agenda), which was moved and carried during the meeting.
