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Boiling Spring Lakes approves $39,500 audit contract for FY26
Summary
Finance Director Brandon Stevens said the FY2026 audit contract with Thompson, Price, Scott, Adams & Co., P.A. will cost $39,500 — a $2,000 increase over prior years — and the board approved the contract 4-0.
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Finance Director Brandon Stevens presented the annual audit contract the city must adopt for the fiscal year. He said the financial impact will be "$39,500, including the Audit Fee and the preparation of the city’s financial statements," and noted this is a $2,000 increase compared with prior years.
Commissioner Teagan Hall moved to approve the FY2026 audit contract with Thompson, Price, Scott, Adams & Co., P.A.; Commissioner Todd Ausborn seconded. The board voted 4-0 to approve the contract.
The contract will be forwarded to the auditors and to the Local Government Commission for final processing as required.
