FY2024-25 external audit results and WIFA grant at risk
Summary
The town earned the highest possible audit opinion, but auditors flagged four items to fix — and a WIFA water infrastructure grant is at risk because benchmarks weren't met. Management is developing a corrective action plan.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jan 8, 2026.
Impact analysis
The financial exposure is the potentially lost WIFA grant; the dollar value wasn't stated in the meeting.
Taxpayers benefit from clean financial reporting and the GFOA award the town expects again for 2025.
Potential loss of the WIFA grant could shift water project costs.
Mentions & discussions (1)
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