Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Audit topic
No spam. Unsubscribe anytime.
Trappe receives clean FY24/25 audit; auditors urge continued fiscal caution ahead of infrastructure work
Summary
Auditors told the Trappe Town Council the town's FY24/25 financial statements received a clean audit and that the town is in a stronger financial position than about a decade ago, but recommended continued fiscal diligence as multiple infrastructure projects move forward.
Roy Geiser of UHY, LLP presented the Fiscal Year 24/25 audit to the Trappe Town Council and said the town’s financial statements earned a clean opinion. "This year was again a clean audit," Geiser told the council, and he said the town is in a much better financial position than it was about 10 years ago.
Town Administrator Erin Braband read the Clerk’s Report and noted that the General Fund and Enterprise Fund budgets are filed with the record. Geiser told council members the improved position provides more flexibility but encouraged continued fiscal oversight because several infrastructure projects are expected to require funding. No formal action was required beyond filing the audit and the related budgets with the town records.
