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Freestone County auditor issues clean opinion for year ending Sept. 30, 2024; net position rises about $4.2 million
Summary
An auditor reported a clean opinion on Freestone County's 2024 financial statements, noting a net position of about $19.76 million and several capital additions and debt items; the transcript does not record a formal acceptance vote.
An auditor reported a clean opinion on Freestone County's financial statements for the year ended Sept. 30, 2024, saying the reports "present fairly in all material respects the financial position and changes in financial position" for the year.
The auditor reported a government-wide net position of $19,763,982 for the year ended Sept. 30, 2024, an increase of almost $4.2 million from the prior year. The presenter explained that the government-wide statements are prepared on the full-accrual method and that "net position is similar to fund balance" on the government-wide statements.
The auditor said county capital assets, net of depreciation,…
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