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Martin council approves 2024 audit, auditor says city is in good financial shape

Martin City Council · June 10, 2025
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Summary

The Martin City Council accepted the 2024 audit on June 10; auditor Deidre Budahl said the only recurring finding is that the auditing firm also prepares the city's financial statements and reported the water, sewer and sanitation funds ended the year in good shape.

The Martin City Council voted June 10 to accept the city's 2024 audit after a presentation from Deidre Budahl of Casey Peterson. Budahl reported the audit's only major finding was the recurring disclosure that the firm preparing the financial statements also performs the audit but said the city "was in good financial shape."

Councilmember Doug Lucero moved to approve the audit and Councilmember Warren Peterson seconded; the motion carried unanimously. The presentation noted that the city's proprietary funds — water, sewer and sanitation — finished the year in stable condition, and no other material weaknesses were reported.