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Randall County auditors present 2024 comprehensive financial report; auditors find no material findings
Summary
External auditors presented the county's annual comprehensive financial report for fiscal year ending Sept. 30, 2024, highlighting stronger cash reserves, increased capital assets from construction projects and improved pension funding; auditors reported no findings or material weaknesses.
John Maris, audit partner with Gosher, Pickens and Francis, presented Randall County's annual comprehensive financial report for the year ending Sept. 30, 2024, to the Randall County Commissioners Court during its February 2025 session. The report covers the county's financial position, operations and notes to the financial statements, and includes management's discussion and analysis prepared by the county auditor.
The independent auditor's presentation summarized major figures: the county reported cash and cash equivalents of about $37,000,000 (up about $9,300,000 year over year, driven largely by restricted bond proceeds), investments of about $32,700,000, total capital assets of roughly $184,488,000 (an increase of about $19,300,000) and unrestricted net position of about $30,159,000 (down about $6,600,000). Maris said much…
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