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HomeMy WebLinkAbout20210218 FinCmte Rpt PktATTENDEES Committee Members Present: Gary Oates, Chairman; Al Orndorff; Chad DeHaven; and Don Price. Non-Voting Liaison Present: Tonya Sibert, Commissioner of the Revenue; and William Orndoff, Treasurer. Committee Members Absent: Jason Aikens; and Angela Rudolph-Wiseman. Staff Present: Sharon Kibler, Assistant Finance Director; Missi Neal, Budget Analyst; Jay Tibbs, Deputy County Administrator; Andrew Fox, County Attorney; Melody Ramey, Payroll Manager; and Nicholas Pearson, Finance Specialist. Others Present: David Foley, Robinson, Farmer, Cox Associates. FY 2025 Audit Presentation The County’s independent auditor, David Foley of Robinson, Farmer, Cox Associates, presented the FY 2025 Annual Comprehensive Financial Report (ACFR). He was available to respond to questions regarding the FY 2025 audit and the report being presented, as well as to discuss the upcoming FY 2026 audit. As part of the audit communication process, the firm also provides the required Communication with Those Charged with Governance letter. The FY 2025 ACFR is available online at: www.fcva.us/ACFR. The committee authorized, by consensus, the Finance Committee Chairman to sign the audit engagement letter for the upcoming audit. No formal action required. REPORT & RECOMMENDATION FINANCE COMMITTEE WEDNESDAY, FEBRUARY 18, 2026 8:30 AM FIRST FLOOR CONFERENCE ROOM 107 NORTH KENT STREET WINCHESTER, VA 22601 Frederick Governance Letter 2025.pdf 1 Finance Committee Agenda Item Detail Meeting Date: February 18, 2026 Agenda Section: ATTENDEES Title: Committee Members Present: Gary Oates, Chairman; Al Orndorff; Chad DeHaven; and Don Price. Non-Voting Liaison Present: Tonya Sibert, Commissioner of the Revenue; and William Orndoff, Treasurer. Committee Members Absent: Jason Aikens; and Angela Rudolph-Wiseman. Staff Present: Sharon Kibler, Assistant Finance Director; Missi Neal, Budget Analyst; Jay Tibbs, Deputy County Administrator; Andrew Fox, County Attorney; Melody Ramey, Payroll Manager; and Nicholas Pearson, Finance Specialist. Others Present: David Foley, Robinson, Farmer, Cox Associates. Attachments: 3 Finance Committee Agenda Item Detail Meeting Date: February 18, 2026 Agenda Section: FY 2025 Audit Presentation Title: The County’s independent auditor, David Foley of Robinson, Farmer, Cox Associates, presented the FY 2025 Annual Comprehensive Financial Report (ACFR). He was available to respond to questions regarding the FY 2025 audit and the report being presented, as well as to discuss the upcoming FY 2026 audit. As part of the audit communication process, the firm also provides the required Communication with Those Charged with Governance letter. The FY 2025 ACFR is available online at: www.fcva.us/ACFR. The committee authorized, by consensus, the Finance Committee Chairman to sign the audit engagement letter for the upcoming audit. No formal action required. Attachments: Frederick Governance Letter 2025.pdf 4 5 6 7