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Independent auditors give Edinburg clean opinion; general fund rainy-day balance equals about 100 days of operations
Summary
Independent auditors issued an unmodified opinion for the City of Edinburg and the Edinburg Economic Development Corporation for fiscal year ending Sept. 30, 2024. The city’s unassigned general-fund balance was reported at $24.521 million, representing about 100 days of operations under the projected 2024–25 budget.
EDINBURG, Texas — Independent auditors from Casco’s and Associates presented the City of Edinburg’s annual comprehensive financial report for the fiscal year ended Sept. 30, 2024, and issued an unmodified (clean) opinion on the city’s financial statements.
Roel Cantu, the presenting auditor, told the council the city earned an unmodified opinion for governmental and business-type activities and for the…
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