Granbury Finance Team Presents 2023 Annual Audit with Clean Opinion on Finances

The Granbury City Council meeting on March 18, 2025, highlighted significant advancements in public safety communications and the city’s financial health. A key discussion centered around the city’s radio network, which now includes approximately 1,100 radios. This network not only enhances communication among local law enforcement but also allows Granbury to collaborate with neighboring communities, sharing costs and resources effectively. The council praised the ongoing improvements and the financial benefits of bulk purchasing, emphasizing the strategic advantages of this partnership.

In another major agenda item, the council received the annual comprehensive financial report for the fiscal year 2023-2024. Finance Director Eva McGregor presented the findings from the independent audit conducted by Patillo, Brown and Hill, which revealed a clean audit opinion—indicating that the city’s financial statements are materially correct. The report showcased a robust general fund balance of $19 million, with $14.5 million available for unrestricted use, reflecting a healthy financial position for the city.

Council members expressed gratitude for the finance team’s hard work, especially given the complexities of year-end reporting and the upcoming budget cycle. The meeting concluded with a motion to adopt a resolution for improvements within the Lakeway Landing Public Improvement District, setting the stage for future public hearings on property assessments.

Overall, the meeting underscored Granbury's commitment to enhancing public safety and maintaining fiscal responsibility, with plans for continued community engagement and transparency in financial matters.