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Auditor Presents FY2024 Annual Financial Reports for City and EDC; Council Receives Reports
Summary
Auditor Donald Allman presented the annual comprehensive financial reports for the city and the Economic Development Corporation for the fiscal year ending Sept. 30, 2024; council received the auditor’s presentation and highlights including net position and revenue/expense figures.
Donald Allman, CPA, presented the annual comprehensive financial report for the City of Gun Barrel City for the fiscal year ending Sept. 30, 2024, and the Economic Development Corporation (EDC) report for the same period. Council formally received the reports.
Allman highlighted key figures for the city: total assets of $15,671,942; total liabilities of…
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