The City of Stafford is on track to finalize its audit for the fiscal year 2023-2024 by mid-October, following a challenging first year with new auditors. Chris Pruitt, an audit partner from Petillo, Brown and Hill, provided an update during the recent City Council meeting, revealing that the audit is currently in the production stage and expected to be completed by October 1.

Pruitt noted that while the audit process has encountered some delays—specifically, the city is approximately seven months behind its usual schedule—overall progress has been satisfactory. He highlighted a compliance issue regarding grant requirements, stating that the city missed a federal deadline to submit a data collection form by June 30, which will be noted in the audit findings. However, he reassured council members that there are no significant deficiencies or material weaknesses identified thus far.

The audit's completion is crucial for the city, as it impacts relationships with granting agencies and financial institutions. Pruitt emphasized the importance of accuracy in the audit process, which involves multiple reviews before the final product is presented to the council.

Looking ahead, the next audit is already scheduled for December, with discussions expected to take place in February 2025. Pruitt's update was met with appreciation from council members, who expressed the need for clarity amid ongoing questions about the audit's status.