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Tom Green County receives clean audit report for fiscal year 2024

March 25, 2025 | Tom Green County, Texas


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Tom Green County receives clean audit report for fiscal year 2024
The Tom Green County Commissioner’s Court convened on March 25, 2025, to discuss the completion of the annual financial statements for the fiscal year 2024. The meeting featured a presentation by Chris Pruitt, a partner at Katello Brown and Hill, who conducted the external audit of the county's finances.

Pruitt reported that the audit resulted in an "unmodified opinion," commonly referred to as a clean opinion, indicating that the county's financial statements are free from material misstatement. This is the highest level of assurance that auditors can provide. He highlighted that the county's unassigned fund balance in the general fund is approximately $36 million, representing about 60% of the yearly expenditures, which is considered a healthy financial position.

The audit revealed that total revenues exceeded expectations by approximately $4.7 million, largely due to increased tax collections and higher-than-anticipated investment income. Additionally, expenditures were $11 million less than budgeted, resulting in a positive variance of $17.8 million for the year.

Pruitt also discussed the compliance section of the audit, which included a single audit due to the county receiving over $750,000 in federal funding. He confirmed that there were no compliance issues identified during the audit process.

In closing remarks, County Auditor Nathan acknowledged the hard work of his staff in preparing for the audit and emphasized the importance of cooperation among county officials to achieve a clean report. The court unanimously accepted the audit report, which will be posted on the county's financial transparency page.

The meeting also included a proposed amendment to the Texas government code to grant the Tom Green County Court at Law family law jurisdiction, indicating ongoing efforts to enhance local governance and legal processes.

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Scribe from Workplace AI
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