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Brazos River Authority board accepts 2024 audit and ACFR, updates investment policy and ratifies 2025 two‑tier rates
Summary
The board accepted an unmodified audit opinion and the annual comprehensive financial report for fiscal year ending Aug. 31, 2024; adopted revisions to the investment policy; and ratified 2025 two‑tier replacement water supply rates.
The Brazos River Authority Board of Directors on Jan. 27 accepted the authority’s annual comprehensive financial report (ACFR) for the fiscal year ended Aug. 31, 2024 and authorized its filing with the Texas Commission on Environmental Quality and other agencies. Baker Tilly audit director Sarah Slaughter presented the audit results by video and reported an unmodified opinion.
Slaughter told the board, “As a result of our audit, Brazos received an unmodified opinion, which is the highest level of assurance we can provide as auditors.” She…
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