Lowry Crossing audit shows "clean" opinion, 68% reserves
The FY2025 audit delivered to the Lowry Crossing City Council showed a clean opinion, unusually large reserves at 68% (target 25%), and a current ratio of 12:1, which the auditor described as "very good liquidity."
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Wayne Nabors presented the town's FY2025 audit and said, "we had another clean audit," reporting that the financial statements presented fairly in all material respects.
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