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Humboldt to switch accounting to cash basis after audit recommendation; effective Jan. 1, 2026
Summary
Schoenfish & Co. recommended switching Humboldt's accounting from accrual to cash basis during the audit. The board approved the change to take effect Jan. 1, 2026, by unanimous vote.
During the meeting the auditors from Schoenfish & Co. recommended that the city change its accounting method from accrual to cash basis. The board approved the recommendation by motion; minutes record the change will begin Jan. 1, 2026.
The minutes do not include detailed rationale beyond the auditors' recommendation. The finance officer confirmed the record of the vote and that the change was adopted by unanimous roll call. Further implementation details and internal adjustments were not specified in the meeting minutes and will require follow-up by the finance office.
