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Auditor reports clean FY2025 audit for City of Henderson
Summary
Matt Wood of ATA, Inc. told the Board of Mayor and Aldermen the June 30, 2025 audit found no internal-control deficiencies and a clean single audit; the report shows several fund balance changes and positive net income in the utility departments.
Matt Wood, CPA of ATA, Inc., presented the City of Henderson’s June 30, 2025 audit to the Board of Mayor and Aldermen and reported no findings related to internal control. Wood said the city required a single audit because it had more than $750,000 in grant expenditures and that the single audit was clean. He also noted GASB-101 was included in the packet and "did not have a material impact" on the statements.
The audit materials provided a snapshot of governmental fund changes and utility results: General Fund decrease ($607,411) with an ending balance of $4,448,144; State Street Aid decreased $72,130 to $119,810; Sanitation Fund increased $39,387 to $241,151. The Utility Department posted net income of $484,422 (water), $413,746 (sewer) and $588,351 (gas). Alderman Keith Smith commented that another year with no findings reflects the dedication of city employees.
