The city of Wichita's 2025 comprehensive financial report is in.
An independent, third party review found no material misstatements, fraud or major discrepancies, also called a "clean opinion."
However, during an audit of the city's federal programs, the auditor reported three findings, including where timesheets were not reviewed and approved by the employee’s supervisor. The report also stated the City's control procedures did not require documentation to be retained evidencing management review and approval of housing reports prior to submission. In addition, for a housing unit that failed inspection, the City did not verify that the deficiencies were corrected within 30 days.
The full report by Eide Bailly, a Top 20 CPA firm, can be found on the city's webpage.
Kansas law requires an annual audit of all City accounts to be performed by an independent, certified public accounting firm.
Also at Tuesday's meeting, the council unanimously approved funding for pedestrian crossing enhancements, funding for improvements to stormwater utility pump stations, and software purchases for Wichita Transit.
