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Auditor: general fund declined about $990,000 in 2025, other funds also fell
Summary
Marla Coates told the council the general fund decreased its fund balance by $990,000 in 2025 and grouped other governmental funds decreased by just over $115,000; she noted these figures in the management discussion and analysis section of the audit report.
During the audit presentation Marla Coates told the council that, on a modified‑accrual basis, the general fund "decreased its fund balance by 990,000" for the year and that grouped other governmental funds decreased by just over $115,000. Coates said these results are reflected in the management discussion and analysis in the front of the report.
Coates cautioned that differing presentations (full accrual vs. modified accrual) can show different results because depreciation and long‑term items are treated differently; she directed council members to reconciliation tables that explain the conversion between the bases. The transcript does not record any council questions challenging these amounts, nor does it record a formal vote to accept the audit figures.
