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Trust reviews treasurer's report and accepts unqualified audit; assets reported near $987 million
Summary
Board reviewed the treasurer's monthly report showing roughly $987 million in net assets and voted to accept the annual financial audit delivered by Carr, Riggs & Ingram (CRI).
Trustees reviewed the treasurer's report for the month ended Dec. 31, 2024, and received the trust's annual financial audit prepared by Carr, Riggs & Ingram, LLC (CRI). The board voted to accept the audit and authorized staff signatures as needed.
Treasurer's report highlights presented by Louis Meyer of the City of El Paso Controller's Office: total cash and investments were reported at approximately $985,000,000, receivables about $2,700,000, accrued expenses roughly $3,200,000, net assets available for benefits approximately $987,000,000.…
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