The City-County Audit Committee of Indianapolis convened on July 25, 2025, to review the 2024 audit results, with external auditors presenting a positive assessment of the city's and county's financial statements. The meeting began with the approval of prior minutes, followed by a detailed presentation from the auditing team led by Rick Lickering.

Lickering emphasized the thoroughness of the audit process, stating, "Everything went really well this year," and credited the successful outcome to the hard work of both the audit team and city management. He outlined the auditors' responsibilities, highlighting that while management prepares the financial statements, the auditors ensure they are free from material misstatements.

The audit covered both the city and county separately, with Lickering noting that each entity undergoes distinct audits, resulting in nearly four separate audit reports. The findings were overwhelmingly positive, with both the city and county receiving the Government Financial Officers Association's certificate for excellent financial reporting for another year.

Andy Renzell, another member of the audit team, reiterated the commitment to transparency, mentioning that the annual comprehensive financial report (ACFRA) exceeds minimum requirements and includes extensive data for public review. He confirmed that both entities had only minor comments to address from the external review, underscoring the effectiveness of their financial management practices.

The committee's next meeting is scheduled for October 31, 2025, where further discussions on financial oversight will continue. The successful audit results reflect a strong commitment to fiscal responsibility within Indianapolis and Marion County, setting a positive tone for future financial governance.