City auditor issues clean opinion but notes $10,269 General Fund shortfall
Summary
Auditor Joe Chapman presented a clean opinion for Argo's fiscal year ending Sept. 30, 2025, and reported the General Fund expenditures exceeded revenues by $10,269 for that fiscal year.
Joe Chapman of Cork, Hill & Company presented the financial audit for the 2024–2025 fiscal year (ending Sept. 30, 2025) at the Feb. 23 work session, issuing a clean audit opinion and reporting generally favorable results.
Chapman also reported a specific budget detail: in the General Fund account expenditures exceeded revenue for the fiscal year by $10,269. Council members discussed the audit in the context of the upcoming budget cycle and training and travel costs; no formal budget vote was taken during the work session.
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