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The committee accepted the corrected Mansfield Municipal Electric Department FY2025 audit by a 4-0 vote. The audit received a clean opinion, included a $102,000 adjustment, and identified a control deficiency involving incomplete employee data submitted for benefit valuations.
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The audit found that the Light Department’s operating results were generally consistent with the prior year and that its financial statements were fairly presented. Auditors identified missing eligible employees in earlier pension and retiree-benefit data, but the issue did not require changing prior financial statements. The Town plans to have the Town Accountant’s office and Human Resources recheck the data before future submissions, while inventory controls will also be improved.
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