St. Johnsbury Receives Positive Report in Latest Audit

Details: Created on Tuesday, 01 April 2025 02:26; Written by Asher Ballantine

The Town of St. Johnsbury held a special meeting last Monday to receive the opinion from its latest audit report. The auditor presented the findings at a Town Hall meeting, commending the town’s financial management and overall transparency. Auditor: "I always like to congratulate the manager and staff for reaching that point and receiving an unqualified opinion." The audit highlighted healthy fund balances, including a $1.1 million unassigned balance within the general fund. The town’s water and sewer funding also showed strong financial levels, despite some minor timing-related shifts in funding. The most important takeaway from the meeting was that no significant deficiencies or material weaknesses were found during the audit process.