Town Council Meeting

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Leesburg Town Council 1h 33m 4 speakers 8 agenda items transcribed 7 days ago official recording ↗
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What was the opening order and invocation for the December 9, 2025 Town Council meeting?

Kelly Burk 1:59
I would like to call to order tonight's town council meeting of December 9th, 2025. If anyone in the room needs hearing assistance, please see the clerk. Council member Nacy will be giving the invocation followed by the salute to the flag by me. So
Kari Nacy 2:16
council member Nacy. Thank you. Would everybody join me in a moment of silent reflection for preparing for the meeting tonight, but also the upcoming holiday season, and in memory of Army Specialist Sarah Beckstrom, who lost her life in Washington, DC.
Kelly Burk 2:45
Thank you. Please stand.
Kelly Burk 3:07
Let the record reflect that all members of council are present, with the exception of Council Member Wilt, who tested positive for flu. So we encourage him to stay home. We have two sets of minutes, the work session minutes of November 24th, 2025. Do I have a motion to accept them?
Unknown 3:27
So
Kelly Burk 3:27
moved. Council Member Nacy, second? Second. Second by Vice Mayor Simino-Johnson. All in favor indicate by saying aye.
Neil Steinberg 3:36
Aye.
Kelly Burk 3:36
Opposed? Nay.
Unknown 3:39
Abstain?
Kelly Burk 3:41
Abstain. 501. No, 501. Okay. I've only been doing this for a few years. Regular session minutes of November 25th, 2025. Do I have a motion to accept those? So moved. Moved by Council Member Nacy. Second? Second. By Vice Mayor Seminole-Johnson. All in favor indicate by saying
Kari Nacy 4:02
aye. Aye.
Kelly Burk 4:03
Opposed? And abstain?
Kari Nacy 4:06
Abstain.
Kelly Burk 4:06
All right, we have adoption of the meeting agenda. Do I have a motion to accept it? So moved. Council Member Nacy,
Zach Cummings 4:15
second.
Kelly Burk 4:17
Second. Council Member Cummings, is there any additions or deletions at this point? All in favor indicate by saying aye.
Unknown 4:24
Aye.
Kelly Burk 4:25
Opposed? That passes 6-0. We have no certificates of recognition or proclamations. We have two presentations for tonight. The first presentation is for the annual fiscal report fiscal year 2025. And we have booklets that they will pass down to us.
Unknown 4:53
Good evening, Mayor and Council. I have Ann Genova from Brown Edwards here tonight to present the audit to you. This is for the year ended June 30, 25.
Ann Genova 5:07
Welcome. Good evening. I'm Ann Genova. I'm a senior manager at Brown Edwards. I'd like to thank town council for the opportunity to present on the audit this evening and for the opportunity to serve the town as the external auditor. I'd like to give a special thanks to the finance department, especially Diane Starkey, Maria Bassett, and Bill Felici for the cooperation and hard work for preparing the audit. There are several components to an audit. We assist the town in preparing the financial statements, which is a report that takes the accounting information and presents it in a readable, accessible format for users. You are receiving two documents, the annual comprehensive financial report, the ACFER, and the auditor communication letter.
Ann Genova 5:59
If you turn to page one, we issue an opinion on the financial statements. I am happy to report that we issued an unmodified opinion on the financial statements.
Ann Genova 6:21
All right, go ahead. An unmodified opinion is the best opinion a locality can receive. It says that the financial statements are correct in all material respects. This indicates reasonable but not absolute assurance that the financial statements are materially correct. The town files the ACFER with the Government Finance Officers Association, known as the GFOA, for the Certificate of Achievement for Excellence in Financial Reporting. The town received the certificate for their FY24 ACFER. The certificate is included in the front matter of the ACFER for you to see. If you turn to page 5, this section is the management's discussion and analysis, which gives a high-level overview of the financial statements to a broad non-accounting audience.
Ann Genova 7:16
It's a great place to start in understanding the highlights of the town's financial activity for the year in comparison to last year. Next year, there is a standard that we're going to be implementing, which is GASB 103, which is going to revamp the management's discussion and analysis. So next year when I come to talk to you, it will look quite different. They're adding some structure to it and some requirements to what they should be presenting. So watch out for that. Tonight, we're going to look at net position, general fund balance, and the utility fund net position.

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