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Auditors issue clean opinion on Livingston County 2025 finances; note federal-grant activity and capital projects
Summary
Independent auditors delivered an unmodified (clean) opinion on Livingston County’s 2025 financial statements and found no material findings under government auditing standards; they noted roughly $21.5M in federal awards in the previous year (including COVID funds) and capital investments such as a 911 tower and airport equipment.
The county's independent auditors presented the 2025 financial audit to the board and reported an unmodified ("clean") opinion on the county's financial statements and the government-auditing-standards review.
"The first one is specifically over the financial statement and that was unmodified opinion which is the highest opinion you can get known as clean opinion as well," auditor Amar Elascari told the board. The auditors also reported no material findings related to internal controls and completed a uniform grant guidance audit for major federal awards.
Auditors said federal grant inflows were large in prior years: about $21.5 million in one year (roughly $13 million of that COVID-related funding) and approximately $11 million this year after ARPA wind-down. The audit testers focused on three large grants: an airport improvement grant (~$1.6M), the federal transit program (~$4M), and child support services (~$2.3M).
The presentation highlighted a rise in capital assets — driven in part by airport equipment and a 911 tower project — and also noted an increase in long-term liabilities tied to 2025 sewage-disposal bonds. Auditors said business-type (enterprise) funds largely operate near break-even, though transit operations receive grant support.
Commissioners asked clarifying questions about airport operations and whether the audit identified any misuse or irregularity; auditors said they found no abuse, fraud or material noncompliance to report and described forthcoming accounting-standard changes (GASB updates) that the county will address in future financial statements.
The board voted to accept the audit resolution, and auditors closed with an offer to assist county staff with forthcoming technical implementations.
What happens next: The board adopted the audit; county staff will work with auditors to implement upcoming GASB changes and continue monitoring grant-related reporting and capital project accounting.
