Auditor reports improved 2024 audit; flags presentation and payroll documentation notes

Nov 20, 2025

The town's external auditor said the 2024 financial audit showed considerable improvement, highlighted a strong fund balance and a profitable sewer fund, and recommended minor cleanups to bank reconciliation presentation and payroll documentation.

The full story

Craig, the town's external auditor, told the Oakland Town Council the 2024 audit was "really good" and improved over last year, with only a few minor recommendations. He said the primary issues were presentation items, not reportable findings: the bank reconciliations were supported by data but not presented with the full outstanding checks in a single month and a few payroll documentation notations should be clarified.

Free newsletter

Sign up to keep reading.

Your free newsletter brings you what your city council, county, and school board discussed and decided.

or
Already have an account? Sign in