Auditor: Lewiston used $534,000 of fund balance in 2025; no internal control findings

The Lewiston Town Board on July 27 heard its annual audit for the fiscal year ended Dec. 31, 2025. An engagement partner from the auditing firm Dexter Gilecki told the board total general fund expenditures in 2025 were about $3,500,000 while revenues fell just below $3,000,000, producing a use of fund balance of $534,000.

The auditor said the available (unassigned) general fund balance stood at about $515,000 — roughly 15% of annual spending — and that the town’s total fund balance across funds was about $1.6 million, with an available portion near $945,000 (about 22% of year spending). “Total expenditures were pretty consistent, $3,500,000,” the auditor said. He added that the annual financial report was submitted to the state controller’s portal on time.

The presentation also covered enterprise funds: the highway fund posted a roughly $53,000 increase in 2025, while water and sewer funds increased overall fund balance by about $400,000. The auditor reported the sewer district transferred roughly $1,000,000 to the capital projects fund in 2025, a move that produced a net decrease in the sewer fund balance (about $722,000) as the district carried out major work.

On internal controls, the auditor reported no findings and said management would receive a standard management letter with best-practice suggestions. “We had no findings,” the auditor told the board, and provided engagement contact names (Erica and Michael) for follow-up questions. The board received the audit presentation and staff were invited to follow up with the auditors for clarifications.