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Council accepts City of Liberty Hill annual financial report; auditors issue unmodified opinion
Summary
Brooks Watson and Company presented the 2024 annual financial report and issued an unmodified opinion. Council accepted the report; auditors noted strong reserves, a nearly 99% funded pension, and recommended internal control follow‑ups documented in accompanying letters.
City Council accepted the City of Liberty Hill's annual financial report for the year ended Sept. 30, 2024, after a presentation by external auditors Brooks Watson and Company.
Auditor John Watson presented the firm's report and described the audit procedures. Watson said the firm issued an unmodified opinion on the city's financial statements and commended city staff for cooperation during the audit. "Your unassigned fund balance in the general fund…
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