Marriott-Slaterville audit lists three state compliance findings for 2025

Marriott-Slaterville's audit for the fiscal year ended June 30, 2025 lists three instances of noncompliance with state requirements: in budgeting, the fraud risk assessment and cash management reporting. Child Richards CPAs & Advisors dated its reports Jan. 15, 2026. ^[3][1][2]

The auditors' opinion says the city "complied, in all material respects" with the state requirements tested, and that the opinion "is not modified" for the three findings. A separate report under Government Auditing Standards identified no material weaknesses in internal control over financial reporting. ^[3][5]

Spending above budget

Finding 2025-01 says state law requires that spending by fund or department not exceed the final budget, and that "expenditures in multiple funds exceeded budgeted expenditures for FY 2025." The finding does not name the funds. Management responded that it "will monitor and review budget on a regular basis. As needed, the budget will be amended." ^[1]

The audit's budget schedules show where actual amounts exceeded the final budget. In the Community Reinvestment Agency fund, "increment tax payments" were $333,283 against a $285,000 budget, and transfers out were $224,144 against $112,193. The general fund transferred $559,234 to the capital projects fund; its original and final budgets show no transfers out. ^[6][9][7]

Overall, general fund spending was $2,528,370 below its final budget. ^[4]

The audit's notes say, "During the year, no supplemental amendments were made to the City's general fund budget." The general fund budget schedule shows original revenues of $5,424,500 and final revenues of $5,515,737, and original spending of $5,234,225 and final spending of $5,352,856. ^[8][4]

Fraud risk assessment

Finding 2025-02 says state law requires government entities to prepare, approve and present a fraud risk assessment in a public meeting before year-end. "As of June 30, 2025, the Fraud Risk Assessment had not been prepared or presented in a public meeting," the auditors wrote. ^[1]

Management responded that it "will ensure the Fraud Risk Assessment is completed, approved and presented in a board meeting before year-end." ^[1]

Deposit report

Finding 2025-03 says state law requires entities to file a deposit and investment report every six months. "The June 30, 2025 Deposit and Investment Report prepared by the City used incorrect bank balances," the auditors wrote. Management said it "will ensure the Deposit and Investment report is filled out using the correct bank balances." ^[2]