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Huachuca City Council accepts clean 2024-25 audit, hears fiscal trends and landfill liabilities
Summary
An independent auditor gave Huachuca City an unmodified (clean) opinion on its 2024-25 financial statements and reported stronger governmental fund balances largely tied to the Skyline project; Council accepted the audit unanimously.
Jennifer Frank, the independent auditor presenting the town's financial reports, told the Council the audit included an unmodified (clean) opinion and that the auditors found no material weaknesses or significant deficiencies in internal control.
Frank reported the town's combined net position was about $12.3 million as of June 30, 2025, with governmental activities' net position increasing during the year and governmental capital assets rising by more than $3 million largely because of the Skyline project. She said enterprise funds showed mixed results: the water and sewer funds produced modest net income, while the landfill fund carried a post-closure liability of roughly $3.8 million and showed a net loss for the year as expenses outpaced revenues.
Town Manager Suzanne Harvey confirmed the rise in charges for services tied to Fort Huachuca contracts, which Jennifer Frank identified as a material contributor to revenue growth. Mayor Johann R. Wallace praised department heads and staff for the town's financial stewardship: "this is a good audit... actually an excellent audit," he said.
The Council voted unanimously to accept the audit report. The auditor emphasized areas for ongoing attention: ensuring enterprise fund cash flows sufficiently cover future capital needs and monitoring the landfill's capital and post-closure obligations.
