The City originally scheduled time for completion of the audit for the year ended June 30, 2025, in January 2026. However, an audit procedure requiring reconciliation of occupational tax revenues to the Georgetown-Scott County Revenue Commission audit report was delayed until February when a draft of that agency’s report became available to the City. Thus, the City received a draft of its audit report on February 24, 2026, for review and completion of final audit items. Due to staff workload in the month of March, final audit items were not completed until April. Staff was not aware that a late submission would result in a finding, whereas it had not in the past due to deadline extensions by the FAC or past audit firm policy as applied to this deadline. The City will review staffing levels and create more stringent reminders and timelines for completion of audit items in the future now that they are aware that the submission deadline is not automatically extended each year.