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Independent audit gives Willard City a clean opinion for fiscal 2024–25
Summary
Ulrich & Associates presented a clean independent audit for Willard's fiscal year ending June 30, 2025, noting a roughly 22–23% general fund balance and a utility fund operating loss of about $220,000 during the audit period.
Willard City received a clean independent audit for the fiscal year ending June 30, 2025, Ulrich & Associates reported to the council. Heather Christopherson of Ulrich & Associates thanked Interim City Recorder Diana Mund and City Manager Jeremy Kimpton for their cooperation and said the audit produced no state findings, with only minor recommendations to improve internal controls.
The audit presentation noted the city's general fund balance at approximately 22–23% of general revenues, under the state maximum of 35 percent. Christopherson also reported the utility fund had a negative operating income of roughly $220,000 during the audit period, a shortfall officials said subsequent rate increases aim to address. Council members requested year-to-year comparisons and expressed satisfaction that recently implemented rate increases were moving the utility fund toward greater sustainability.
No formal action was required; state law mandates the audit be presented to the council.
