The Lowell Regional Transit Authority (LRTA) has undergone an audit for compliance with federal program requirements for the year ending June 30, 2025. The independent auditor's report indicates that the LRTA complied in all material respects with the compliance requirements for its major federal programs, which include the Federal Transit Formula Grants and the Enhanced Mobility of Seniors and Individuals with Disabilities. The audit was conducted in accordance with generally accepted auditing standards and the Uniform Guidance, ensuring that the LRTA's internal controls over compliance were assessed, although no material weaknesses were identified.

The audit findings revealed no significant deficiencies in internal control over compliance, and the financial statements received an unqualified opinion. The schedule of expenditures of federal awards showed total expenditures of $6,247,154, with major programs identified and properly reported. The report emphasizes the importance of management's responsibility for compliance and the auditor's role in providing reasonable assurance regarding compliance with federal program requirements. Overall, the audit reflects positively on the LRTA's financial management and compliance with federal regulations.