Gainesville commission accepts FY2025 audit; auditors issue unmodified opinion
March 26, 2026 | Gainesville, Alachua County, Florida
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Barbara Boyd, the external auditor who presented the city's FY2025 annual comprehensive financial report, told the Gainesville City Commission that auditors issued an "unmodified opinion," the highest level of assurance, and found the financial statements "fairly stated in all material respects." Boyd said auditors identified no material weaknesses, no reportable noncompliance and no audit adjustments during the examination.
The presentation included a review of single‑audit testing of major federal and state award programs; Boyd said the city was in compliance with major program requirements and with Florida Statute 218.415 governing local government investments. Dennis Wen, the city's director of financial services, and Noemi, the city controller, both credited process changes and tighter month‑end reconciliations for producing the clean result.
"We issued an unmodified opinion which is the highest level of assurance that we as auditors can provide," Boyd said. Wen added that this marks the third consecutive year with no audit findings and thanked staff across the organization for improving controls and closing reconciliation gaps.
Commissioners praised staff for the outcome during a brief Q&A. Commissioner Book said the steady trend of clean audits builds public confidence in the city's financial management. With no public comment on the item, Commissioner (D.) Walker moved to accept the report; the commission voted unanimously to adopt the FY2025 annual comprehensive financial report.
The acceptance is procedural but significant for budgeting and bond markets because it signals compliance with state statutes and strengthens the city's accounting reliability as staff prepares FY2027 budget workshops. The commission did not attach conditions to the acceptance; staff will continue working through the budget calendar and follow up items identified in the audit committee materials.
The commission approved the audit acceptance by unanimous voice vote.
The presentation included a review of single‑audit testing of major federal and state award programs; Boyd said the city was in compliance with major program requirements and with Florida Statute 218.415 governing local government investments. Dennis Wen, the city's director of financial services, and Noemi, the city controller, both credited process changes and tighter month‑end reconciliations for producing the clean result.
"We issued an unmodified opinion which is the highest level of assurance that we as auditors can provide," Boyd said. Wen added that this marks the third consecutive year with no audit findings and thanked staff across the organization for improving controls and closing reconciliation gaps.
Commissioners praised staff for the outcome during a brief Q&A. Commissioner Book said the steady trend of clean audits builds public confidence in the city's financial management. With no public comment on the item, Commissioner (D.) Walker moved to accept the report; the commission voted unanimously to adopt the FY2025 annual comprehensive financial report.
The acceptance is procedural but significant for budgeting and bond markets because it signals compliance with state statutes and strengthens the city's accounting reliability as staff prepares FY2027 budget workshops. The commission did not attach conditions to the acceptance; staff will continue working through the budget calendar and follow up items identified in the audit committee materials.
The commission approved the audit acceptance by unanimous voice vote.
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