Huachuca City accepts clean 2024–25 audit; net position about $12.3–$12.4 million

An independent auditor told the Huachuca City Council on April 9 that the town’s 2024–25 financial statements received an “unmodified clean opinion,” and the council voted unanimously to accept the audit.

Jennifer Frank, the auditor presenting the report, said there were no material weaknesses or significant deficiencies detected during the audit and that the state legal compliance report likewise received an unmodified opinion. "Happy to report you had an unmodified clean opinion again this year," Frank said. She reported the town’s total net position (equity) at about $12.3–$12.4 million as of June 30, 2025, and said net position increased by roughly $330,333 during the fiscal year.

Frank highlighted several specific trends: governmental activities saw an increase in net position while business-type activities (the utility funds) decreased; governmental capital assets rose by just over $3 million mainly because of work on the Skyline project; charges for services increased by about $511,000, which Frank said was primarily related to Fort Huachuca contracts; and the landfill carries significant long‑term liabilities, including a reported post‑closure liability of about $3.8 million. Frank also noted restricted cash set aside for landfill closure obligations was just under $2.9 million, leaving minimal unrestricted cash in that fund.

Mayor Johann Wallace thanked department heads for the work behind the numbers and said the outcome reflects staff and council stewardship. The motion to accept the audit was moved by Mayor Wallace, seconded by Councilmember Christy Hirshberg, and passed unanimously.