Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Audit topic
No spam. Unsubscribe anytime.
Fremont County accepts 2025 financial statements after clean audit
Summary
The Fremont County Board of Commissioners accepted the 2025 financial statements and management letter after an audit by Logan and Associates that issued an unmodified (clean) opinion and noted one repeat finding on federal reporting timing.
The Fremont County Board of County Commissioners voted unanimously to accept the county’s 2025 financial statements and management letter as presented by Kyle Logan of Logan and Associates LLC. Logan told the board the audit produced an unmodified opinion — “that’s a clean opinion” — and said the county’s statements and disclosures were “fairly stated and materially correct as of 12/31/2025.”
Logan summarized key figures: total county assets at about $103,000,000 (an increase of roughly $4.3 million from 2024), liabilities of $27.6 million (a decrease of about $1.3 million), and an unrestricted net position of roughly $27.5 million, which he said equates to about seven months of operations. He also described the single-audit work on four federal programs and reported one repeat finding tied to the timing of federal reporting; Logan said there were no issues sufficient to change the audit opinion. The board moved, seconded, and approved the audit by roll call vote.
