Acceptance of the city’s FY2025 Annual Comprehensive Financial Report, Single Audit Report, and Independent Audit Report

Council approved the city’s FY2025 ACFR, Single Audit Report, and Independent Audit Report.

Vote Tracker

Approved 6-0.

Motion by Carolyn David-Graves. Second by Steve Deffibaugh.

Eugene Escobar Jr.

Mayor

not voting

Terrance Johnson

Place 1

yes

Cristina Todd

Place 2

yes

Bryan Washington

Place 3

yes

Vacant

Place 4

vacant

Steve Deffibaugh

Place 5

yes

Ben Long

Place 6

yes

Carolyn David-Graves

Place 7

yes

Why This Matters

This is a finance-governance item rather than a flashy headline vote, but it matters because it formally accepts the city’s key audit and reporting documents for the fiscal year ended September 30, 2025.

Why we flagged it: Audit and ACFR acceptance is one of the clearest public checkpoints on the city’s financial reporting.

What approval means

The city formally accepted its annual reporting and audit documents for FY2025.

If it had failed

Council would likely have needed follow-up or revisions before formally accepting the reports.

Potential Pros

Creates a formal public checkpoint on audited city finances.
Lets council accept key year-end reporting in the open.

Potential Cons

Financial-report acceptance can feel technical and remote to most residents.
Approval does not automatically resolve every deeper budget or management question.

Tracker Note

This tracker entry is based on the official agenda and the meeting notes currently captured by The Princeton Journal. If official minutes, video, or backup records clarify anything further, the tracker can be updated to match the final record.