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Abilene commission accepts clean FY2025 audit; auditors report no statutory violations
Summary
Morning Associates presented a clean financial-statement audit for fiscal 2025, noting no proposed journal entries, no budget violations and reconciled cash across funds of about $14.38 million; the commission voted to accept the audit.
The Abilene City Commission on June 22 accepted a clean audit for the fiscal year ending Dec. 31, 2025 after a summary presentation from Morning Associates.
"We feel your financial statements are fairly stated in all material respects," April Schwarz, partner at Morning Associates, told the commission, reporting a clean auditor's opinion and saying the audit did not identify any budget or statutory violations.
Schwarz reviewed fund-level information included in the audit: the report shows beginning balances, receipts, expenditures and reconciled ending cash for each fund. The auditor noted the city reported reconciled cash of approximately $14,380,000 across all funds and listed two new debt activities, including a temporary note of $10,320,000 (series 2025) and a new street-sweeper lease addition.
Commissioners asked a few clarifying questions about notes to the financials and debt schedules. The commission subsequently adopted Resolution 062226-1, accepting the independent audit; the roll call vote carried unanimously.
The auditor reminded the commission that the engagement covered a financial-statement audit (not a forensic audit) and that auditors assess internal controls only to the extent necessary to express the opinion. The commission packet includes the full audit binder and notes, which staff said are available to the public.
