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The FY 2025 financial statement audit received an unmodified opinion, with no material weaknesses, significant deficiencies, management disagreements, unusual transactions, or material issues reported.
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The independent audit found that Milton’s financial statements fairly represent the town’s finances and that the town met Massachusetts guidelines and bond-rating requirements. The pension plan was fully funded, and no audit items need to be reported to the Annual Town Meeting. The committee will work with management on a timeline for reviewing future audit service providers.
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