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Auditor Marla Coates presents 2025 financial audit; says firm issued clean opinion
Summary
Auditor Marla Coates of Carlos CPA Services told the council the town's 2025 financial statements received an unmodified (clean) opinion and that several funds showed year‑over‑year declines, including a nearly $990,000 drop in the general fund.
Auditor Marla Coates told the council she and her firm performed the town's 2025 financial audit and "we gave an unmodified opinion," a clean audit finding, based on tests of transactions and tracing balance‑sheet accounts to bank statements. Coates identified herself at the start: "my name is Marla Coates. I own Carlos CPA Services."
Coates summarized the report layout, pointing council members to the two‑page auditor's opinion in front of the financial statements and the management discussion and analysis on pages 3–8. She described the audit approach — selecting sample transactions, checking supporting bills and signatures, and tracing balances to external bank records — as the basis for the audit opinion. The transcript records the presentation but does not include a recorded motion or vote to accept the audit.
