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Fort Worth posts clean audit opinion for FY2024; city reports $766.9 million positive change in net position
Summary
Finance staff presented the annual comprehensive financial report and said auditors issued an unmodified (clean) opinion with no findings; highlights included increased net position, bond debt totals and notes on risk fund deficits.
City finance officials reported an unmodified (clean) opinion from external auditors for fiscal year 2024 and summarized key financial highlights for council at the Feb. 18 work session.
The presentation by the city'7s financial reporting team noted a positive change in the citywide net position of $766.9 million for FY2024, attributed to additional revenues, decreases in…
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