Auditor reports $3.4M surplus in FY25, flags recurring internal-control deficiency
Robinson Farmer Cox Associates reported a FY25 surplus of about $3.4 million and an ending unassigned fund balance of $8.4 million, but identified a recurring significant deficiency related to material audit adjustments. Single-audit testing of three federal programs produced no compliance findings.
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Michael Lupton of Robinson Farmer Cox Associates presented the county’s fiscal-year-2025 audit for the period July 1, 2024–June 30, 2025. He reported governmental fund assets just under $25 million, about $18 million in cash and cash equivalents, a general fund revenue total of roughly $28.1 million against $24.7 million in expenditures and a net surplus around $3.4 million for the year. After transfers the county reported an ending fund balance of approximately $9.6 million and an unassigned fund balance of $8.4 million.
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