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Coryell County accepts auditor’s clean opinion, told to seek new auditor for next year
Summary
Commissioners accepted Robertson McGee’s audit for year ending Sept. 30, receiving a clean opinion with no material weaknesses; auditors warned the report was late and said they will not perform next year's audit.
CORYELL COUNTY, Texas — The Coryell County Commissioners Court voted unanimously Thursday to accept the independent audit performed by Robertson McGee, CPAs, for the fiscal year ending Sept. 30.
The audit firm delivered what it described as a clean, unmodified opinion and reported no material weaknesses or significant deficiencies in the county's financial reporting. The auditors also performed a state single-audit because the county spent more than $750,000 in state awards during the year, and reported no findings on those programs.
Auditor Nancy Hillbrook told the court that the county ended the year with roughly $45 million in total assets and deferred outflows, about $11 million in total liabilities, and a net position of about $30 million. Hillbrook said the county's change in net position was about negative $2.8 million for the year, driven in part by road and bridge repairs. On the governmental funds statements she said total assets were about $17 million, liabilities about $2.6 million and a total fund balance of approximately $13 million. The general fund finished the year with a favorable budget variance she described as about $1.4 million.
Hillbrook told commissioners the audit was issued later than normal because some documents were provided after fieldwork, and she urged the county to provide requested materials on-site next year to avoid delays. She also said Robertson McGee will not perform the county's audit next year because the county is outside the firm’s practical travel radius and encouraged the court to begin a request-for-proposal process as soon as possible.
Commissioner Weddle moved to accept the audit report; Commissioner Matthews seconded. The court voted in favor without recorded dissent.
The auditors identified the SP22 grant awards as the major state programs tested in the single-audit portion of their work and said the sheriff’s office received about $500,000 of the state awards that pushed the county over the single-audit threshold. Hillbrook noted a new accounting disclosure related to “right-of-use” lease assets on the capital-asset schedule and said no new accounting pronouncements required modification of the county’s financial statements.
The court took no additional formal direction on audit findings beyond accepting the report and noting the auditors’ advice to begin soliciting proposals for next year’s audit firm.
The court approved the auditor report on the motion by Commissioner Weddle, seconded by Commissioner Matthews; the motion carried.
