Pine Ridge council accepts 2024–25 audit showing unmodified opinion and healthy reserves

The Pine Ridge Town Council on Feb. 10 unanimously accepted the 2024–25 financial audit presented by Mr. David Enzastiga of Rish & Enzastiga CPAs, who reported an unmodified opinion and no internal control findings.

The auditor told council the town had $1,079,000 in cash at fiscal year end and an overall net position of $995,194. He said the year-over-year change in net position was a $39,215 decrease attributable primarily to capital project spending. The general fund showed $789,000 in total revenues and $881,000 in expenses, a fund-balance decrease of $91,000. "The audit resulted in an unmodified opinion," Enzastiga said, and he praised town finance staff for maintaining records that made the audit straightforward.

Mayor Daniel D. Davis and council members thanked administrative and police staff for their work. Councilman Simms moved to approve the audit report and Councilman Kyzer seconded; the motion passed unanimously (Davis: yes; Urbanek: yes; Kyzer: yes; Simms: yes; Sturkie: absent).

The council noted the audit’s timing as it prepares a mid-year budget amendment; Mayor Davis said the town is about a month behind on the mid-year update recommended by the auditor and scheduled a public hearing and first reading for Ordinance 2026-02 (the 2025/2026 budget amendment) for March 10, 2026.

The council’s acceptance of the audit does not itself change budgetary appropriations; the upcoming March hearing will be the opportunity for any mid-year budget adjustments to be considered formally.