Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Audit finds material weaknesses in Eagle Pass finances; council accepts audit and asks staff for corrective plan
Summary
An independent audit of the City of Eagle Pass’ fiscal year ending Sept. 30, 2023 produced a clean opinion on the city’s financial statements but identified multiple material weaknesses in internal controls and accounting procedures.
The City of Eagle Pass received a clean (unmodified) opinion on its audited financial statements for the year ended Sept. 30, 2023, but auditors identified multiple material weaknesses and control deficiencies that the council heard about at its March 4, 2025 meeting.
Milo Martinez of Martinez Rosario & Company LLP told the council the financial statements fairly present the city’s financial position, but the audit uncovered nine material weaknesses in internal controls, delayed bank reconciliations, limitations in the accounting software (unsupported modules), misposted transactions that required numerous audit adjustments, and insufficient monitoring of the city’s…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
