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Authority accepts FY24-25 audit and approves $7,100 auditor invoice
Summary
Woods County Industrial Authority members approved the FY24-25 audit, which staff said had no findings, and authorized payment of the auditor's invoice for $7,100 by unanimous vote on March 10.
The Woods County Industrial Authority voted unanimously on March 10 to accept the fiscal year 2024'25 audit and to approve payment of the auditor's invoice for $7,100.
A staff member presented the audit and told the board there were no findings. The staff member recommended two separate approvals: first acceptance of the audit report, then approval of the invoice. The board moved, seconded and approved both items during the same meeting.
The authority signed the audit documentation and authorized payment of the $7,100 invoice. No follow-up actions beyond signing and payment were recorded.
Next steps: standard record-keeping and payment of the invoice; the matter will be reflected in the authority's financial records.
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