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Mission council accepts fiscal 2023 audit after auditors report no modified opinion
Summary
Auditors told the council the citys financial statements for the year ended Sept. 30, 2023, are fairly stated in their opinion; the council voted 4-1 to accept the comprehensive annual financial report.
Mission City Council on Monday accepted the City—s annual comprehensive financial report for the fiscal year ended Sept. 30, 2023, after a presentation by auditors from Carr, Riggs & Ingram.
Auditors Esmeralda Yindiguez and Chad Young told the council their independent auditor's report gave a non-modified opinion, meaning "in our opinion, the financial statements as presented, are fairly stated, in all material respects," Yindiguez said during the presentation.
The audit team said the city restated beginning fund balances to implement GASB 96 (subscription-based information…
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