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Audit presentation: Crosslin issues clean opinion but flags long-running segregation-of-duties weakness
Summary
Crosslin CPA gave the City of Ridgetop a "final unmodified opinion" for the 2024–25 fiscal year but identified one material weakness: longstanding segregation-of-duties shortcomings dating back to 1998. Auditors reported no fraud or disagreements with management.
Erica Saeger of Crosslin CPA presented the 2024–2025 audit results to the Mayor and Board of Aldermen on Oct. 21, 2025, saying the firm had "issued a final unmodified opinion," the cleanest audit opinion available.
Saeger told the board there were no disagreements with management and "we have no knowledge of any fraud or suspected fraud that affects the City and involves management, employees who have significant roles in internal control, or others where fraud could have a material effect on financial statements." She added that auditors conduct conversations with management and council members as part of that assessment.
The audit team did identify one material weakness for fiscal 2025: insufficient segregation of duties, a condition the report notes has been reported since 1998. Saeger thanked City Recorder Kelly Rider and staff for their responsiveness during the audit and for being prepared when auditors arrived.
The audit covered the fiscal year ended June 30, 2025; Crosslin presented both a report to the board on audit results and the city's financial statements for that fiscal year. No disagreements with management or instances of fraud were reported in the audit presentation.
