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Fenton receives clean audit; council approves 2025 financial report
Summary
Auditors gave the City of Fenton a clean opinion on the 2025 Audited Financial Report and Single Audit Report; the Board unanimously approved the final reports and heard that fund balances are healthy and the city has no debt.
Leslie Gregory of Frick, Eggemeyer and Williamson (F.E.W.) told the Board the City received a clean opinion on the 2025 Audited Financial Report and Single Audit Report. "The City received a clean opinion, that is the best opinion that can be received," Gregory said, and she noted healthy fund balances, no debt, and compliance with state budget-to-actual requirements.
Finance Director Tammy Alsop presented investment and operations figures: the City's total cash and investments were $31,008,684 as of April 30, 2026, and the Storm Water/Parks Fund cash and investments were $12,087,173 (of which $3,065,685 is restricted to storm water/parks). Following the auditor's presentation the Board unanimously approved the final audited financial reports.
