Audit reveals $16.6M fund balance and positive fiscal changes

The Grayson County government meeting held on May 6, 2025, focused on the financial audit report and the county's fiscal health. The meeting began with a review of the audit findings, which indicated no concerns or issues. The auditors reported full cooperation from all employees they interacted with during the audit process, including those from various departments such as the health department and justice of the peace offices.

The financial report highlighted that the general fund ended with a balance of $16.6 million, representing 32% of operating expenditures, significantly above the county's policy of 20%. This positive outcome was attributed to several factors, including intergovernmental grant funds and underspending in salaries due to turnover and vacant positions. The report noted a positive change in the fund balance of $884,000, despite an initial budgeted deficit of $2.1 million.

Additionally, the road and bridge precincts performed better than expected, contributing to a net change in fund balance of $1.3 million, compared to a budgeted negative of $400,000. The meeting concluded with a motion to accept the financial report, which was unanimously approved.

Overall, the meeting underscored the county's strong financial position and the effective management of resources, with appreciation expressed for the collaborative efforts of all departments involved in the audit process.