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Texas Municipal League: Seymour close to catching up on audits; March 29 deadline emphasized
Summary
A Texas Municipal League representative told the Seymour council the city is nearly current on audits after multi-year delays and described steps taken to reconcile cash, train staff and finish the 2024 audit. The TML representative warned of a March 29 legal deadline for audit approval and noted enforcement uncertainty under recent state changes.
Marty Simpson of the Texas Municipal League told the Seymour City Council on Oct. 18 that TML staff and city finance personnel have made significant progress reconciling accounts and expect to complete the 2024 audit within weeks.
Simpson said TML’s work has reduced the number of active bank accounts in the city’s records and that staff received training on reconciling cash accounts in the municipal accounting system (ENCODE). She described the objective as getting the city’s cash “right” so auditors can complete their work. “The most important thing about your audit is getting your cash right,” Simpson said.
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