Quick context to catch up fast.
The committee voted 4-0 to recommend, and the Select Board voted 5-0 to approve, a one-year extension for CBIZ CPAs PC to conduct Natick’s FY25 audit. The FY24 audit identified three federal-program findings and two internal-control findings, including a recurring material weakness involving retirement-system cash reconciliations.
Open the committee coverage hubs tied to this summary.
Was this summary helpful?
Your feedback helps us prioritize what to improve next.
Natick will continue with CBIZ for the FY25 audit, with completion targeted by the end of June. Auditors reported approximately $6.9 million in federal expenditures during FY24 and identified problems involving ARPA procurement, federal reporting, written policies, retirement-system data access, and cash reconciliations. Town finance staff said reconciliations are now completed in-house and monitored monthly, while historical data retrieval remains an issue.
Follow the major takeaways from this briefing.
Action items flagged by the community.
No follow-ups have been shared yet. Add one in the community board below.
Details and records from this meeting.
Fresh records from this municipality.
Know who to contact about the decisions that matter.