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Independent auditors give Cooke County a clean FY24 opinion; general fund and road balances increased
Summary
Patillo, Brown and Hill issued an unmodified opinion on Cooke County’s FY24 financial statements; the general fund and multiple road-and-bridge funds ended the year with increased fund balances.
An independent audit firm presented Cooke County’s FY24 annual financial report and told the Commissioners Court it issued a clean, unmodified opinion on the county’s financial statements.
Michelle Majeski, a CPA and audit supervisor with Patillo, Brown and Hill, told the court the audit found no material misstatements and that any minor internal control findings had been resolved. "We were able to issue a clean unmodified opinion," Majeski said.
The nut graf: The audit showed a healthy fund balance position for FY24, with the general fund ending the year with roughly $16.7 million and multiple road and bridge funds reporting increases that the auditors described as several months of expenditures in reserve.
Majeski summarized high‑level figures: general fund balance about $16.7 million, with roughly $5.4 million unassigned; road and bridge fund balances ranged from about $1.45 million to $3.27 million across the numbered funds, representing multiple months of expenditures. The auditors performed single‑audit testing on federal and state grant programs (including FEMA, ARPA and SB 22 funding) and reported no material noncompliance for major programs.
The court voted to accept the FY24 annual financial report; the motion passed with the same 3–0 vote and two members absent. Auditors indicated one technical timing issue related to FEMA payments had been resolved and did not affect the audit opinion.
