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Independent audit: Temple’s FY2024 finances show growth; auditors issue unmodified opinion
Summary
An independent audit covering the fiscal year ending Sept. 30, 2024, produced an unmodified opinion and highlighted population and revenue growth, increased capital investment, and federal grant activity.
The City of Temple’s independent audit for the fiscal year ending Sept. 30, 2024, received an unmodified opinion from the accounting firm Brockway, Gershbach, Franklin & Niemeyer, city officials were told during a council meeting presentation.
Auditor Steven Niemeyer summarized key figures from the annual comprehensive financial report and the firm’s testing. Niemeyer said the city reported approximately $1.56 billion in assets and $934 million in liabilities; annual government‑wide revenues of about $314 million; payroll totaling about $90 million; operating expenses of roughly $178 million; and capital assets and debt payments examined of about…
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