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Ponce Inlet accepts clean audit for fiscal year ending Sept. 30, 2025
Summary
Aline Accounting Partners presented a clean audit for the fiscal year ending Sept. 30, 2025; council accepted the report after questioning a "no opinion" notation on a pension schedule and receiving assurance there is no foreseeable financial risk.
The Ponce Inlet Town Council on April 16 accepted the Town's financial statements and the independent auditor's report for the fiscal year ending Sept. 30, 2025, following a presentation by representatives from Aline Accounting Partners, LLP.
April Adams of Aline Accounting Partners explained the firm's role in the audit and reviewed the auditing process. Councilmember White pressed the auditors about a "no opinion" notation on the Pension-Applied limited-procedures schedule; Adams told the Council that because Aline had not audited that particular schedule in prior years it could not opine on it, and said that based on the available records "the Town is not under any foreseeable financial risk." The Council thanked staff for preparing the records and accepted the report by consensus.
The acceptance was formalized by a motion from Councilmember Villanella, seconded by Councilmember White; the motion passed 5-0. Finance Director McColl was present during the presentation and acknowledged staff efforts in preparing the statements.
The accepted audit covers internal operating structure and the Town's financial statements for the fiscal year ending Sept. 30, 2025. The Council did not identify any further follow-up actions at the meeting.
