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Veneta audit finds unmodified opinion, flags three areas of over‑expenditure
Summary
Outside auditors issued an unmodified opinion for FY 2024–25 but identified three budget over‑expenditures (law enforcement contract, community center, building inspection administration) and noted a general fund loss partly due to park projects and a transfer to the sewer fund.
An independent audit of Veneta's FY 2024–25 finances returned an unmodified opinion, but auditors identified three areas with budget over‑expenditures.
Peter Gelser of Koontz, Blasquez & Associates presented the audit and reported an unmodified opinion, indicating the auditors found the city's financial statements fairly presented. Gelser said the audit identified budget over‑expenditures for Veneta's law enforcement contract, the community center, and building inspection administration. He also reported the general fund showed a loss partly attributable to park projects (a dog park and pickleball courts) and a transfer to the sewer fund for future projects.
Gelser invited council questions; none were asked. City Administrator Matt Michel thanked Gelser for his work and responsiveness during the audit process.
