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City auditor issues clean opinion but notes $10,269 General Fund shortfall

City Council for the City of Argo · February 23, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

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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