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Franklin Springs' FY2025 audit finds financial statements fairly presented, but required analysis section missing

The city's outside auditor reported the FY2025 financial statements were fairly presented but noted the city left out a required narrative analysis section, and presented the findings to the City Council.

By NEGA Brief NewsroomLast checked September 30, 2026
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June 18, 2026: 2025 financial audit presentation by Rushton & Company

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At a glance

What this means now

Where it stands

At that meeting, Justin Burruss of Rushton & Company presented the 2025 financial audit to the council.

The story

An independent audit of the City of Franklin Springs' FY2025 finances found the financial statements were fairly presented in all material respects, but also noted the city did not include the management's discussion and analysis section that is normally required.

Sourcescity-franklin-springs-fy2025-financial-report.pdf

The City Council's June 18, 2026 agenda listed a presentation of the 2025 audit.

SourcesJune 18 2026 Council Agenda

At that meeting, Justin Burruss of Rushton & Company presented the 2025 financial audit to the council.

SourcesJune 18 2026 Council Minutes

What happened

How this issue got here

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Appeared on agenda
proposed

Presentation of 2025 annual audit

2025 Audit Presentation

Discussed
discussed

2025 financial audit presentation by Rushton & Company

The 2025 financial audit was presented by Justin Burruss with Rushton & Company.

mentioned
unknown

City did not present required Management's Discussion and Analysis (MD&A)

The City of Franklin Springs, Georgia has not presented the management's discussion and analysis that

mentioned
unknown

Independent auditor's opinion on City of Franklin Springs FY2025 financial statements

the financial statements referred to above present fairly, in all material respects, the respective

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