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MetCom Receives Clean Audit Report

The Metropolitan Commission received a clean bill of health from an independent certified public accountant and business advisory team following review of its financial statements. SB & Company LLC’s Leadership Team presented the fiscal year 2025 financial audit report and issued the Commission an Unmodified Opinion, which is the highest rating possible. The Commission was advised by the auditors that MetCom meets or exceeds all professional standards, there was no fraud discovered, no material weaknesses in the Commission’s internal processes discovered, and that they received excellent cooperation from the MetCom staff.

 

The Commission and its staff were recognized for its excellent fiscal controls and financial management policies and practices. They noted: clear financial objectives have been established; a good organizational structure is in place; processes are actively monitored; that there is executive integrity, ethics, and behavior; as well as effective participation by the Board in both the governance and oversight of the Commission.

 

MetCom serves certain areas of St. Mary’s County in accordance with the County’s planning and growth initiatives. MetCom is an independent, quasi-governmental, not for profit entity, created by the State legislature in 1957. MetCom is not a department of the St. Mary’s County government and is supported exclusively by its ratepayers, without any contribution from County tax revenues. To learn more about MetCom, visit the website at metcom.org.

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