Wednesday, January 13, 2016

Annual Audit: Clean Again!

Did you know that the city undergoes an independent audit of its financial statements by a certified public accountant every year? And that the audit reports are available for free public viewing 24/7 on the city's website? The audit of the Fiscal Year 2015 financials has been completed and is now available at

Once again, we received a "clean" or unqualified opinion on our finances. Highlights include: 
  • The auditor’s report expresses an unqualified opinion on the financial statements of the City of Sikeston (in other words, the auditor found no significant deficiencies or material weaknesses).
  • No significant deficiencies were found in the financial statements’ compliance with generally accepted accounting principles and the requirements of the Government Accounting Standards Board (GASB).
  • No material weaknesses in internal controls were found.
  • No material weaknesses in compliance with federal award programs were found.