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Audit review: FY25 shows healthy general and enterprise fund balances in New Windsor
Summary
Auditors from Zelenkofske Axelrod told the council that both the General Fund and Enterprise Fund have healthy fund balances following the FY25 audit and single audit review; no material findings were recorded in the minutes.
At the Feb. 17 work session, auditors Mike Sapson and Kayla Key of Zelenkofske Axelrod presented the town's FY25 audit and Single Audit. The auditors concluded the town’s General Fund and Enterprise Fund each maintain a healthy fund balance, according to the meeting minutes.
The presentation covered the FY25 audit and single-audit elements; the minutes summarize the auditors’ conclusion but do not list material weaknesses, findings or required corrective actions. Council did not record a formal motion on the audit during the session.
The audit review was informational; the council did not take formal action at the meeting. The town clerk’s office will retain the audit documents and any follow-up required by state or federal single-audit rules.
