Auditor: Burlington’s 2025 finances 'in great shape,' few adjustments
Summary
Independent auditor Tim Mayberry and accountant Lorraine Trotter told the Burlington City Council the 2025 audit showed the city in strong fiscal health with very few adjustments and healthy budget-to-actual balances.
Tim Mayberry, the independent auditor from Mayberry & Company, told the Burlington City Council on Aug. 10 that the City’s 2025 audit showed a sound fiscal position. "Tim Mayberry indicated the City was in great shape and had no concerns with the financial standing," the auditor said during his presentation.
Accountant Lorraine Trotter of Professional Management Solutions said there were "very few audit adjustments" and that Budget-to-Actual comparisons looked good. Both presenters said the City had accomplished a lot over the last year and that balances remained healthy. No motions or formal actions followed the presentation.
The presentation was recorded as part of the council’s regular meeting materials; council members did not request additional follow-up or make motions related to the audit during the meeting. Copies of the audit and management discussion and analysis were provided in the council packet.
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