Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the City Finance topic
No spam. Unsubscribe anytime.
Glenn Heights council acknowledges July financial reports as finance director works to clear audit variance
Summary
Council received the July 2025 financial report from Finance Director Sherry Roberts, was told an outstanding audit variance of about $160,000 is under review, and voted 7-0 to acknowledge receipt of the reports.
The Glenn Heights City Council on Monday acknowledged receipt of the city—s July 2025 financial reports after a presentation by Finance Director Sherry Roberts and followed by questions from council members.
Roberts told the council that property-tax collections have exceeded expectations while sales-tax collections were running slightly behind (about 80% of expected year-to-date). She said the city's net position and reserves remain healthy: "Days in reserve right now is at 199," she reported, above the city policy requirement she said was 45 days. Roberts also noted prior figures showing roughly 404 days in reserve and said the city now expects to remain above 300 days by year end.
Roberts warned the council of an outstanding audit variance of roughly $160,000 that she and staff are working to reduce before the audit is issued. She described the variance as "material to them" and said consultants and engineers are assisting with software and reconciliation issues. Roberts added she was confident the variance would be resolved before a finding is issued: "There is not going to be a finding on this budget. Not on my watch," she said.
Council questions focused on the audit timeline, cash management and investment options. Roberts said the city is managing cash internally and that she expects to have a draft audit by the second meeting in September once the reconciliation work is complete.
After discussion, a councilmember moved and a second was made to acknowledge receipt of the July 2025 financial reports. The council voted unanimously, 7-0, to acknowledge receipt.
The acknowledgment is procedural (the council accepted the report; no budget amendments were made at the meeting). The finance director and city manager flagged items the council may revisit if reconciliations or the audit produce additional findings.
Meeting details: the presentation was given by Sherry Roberts, finance director; council voting roll call included Councilmembers Moseley, Garrett, Bruton, Hale, Lightfoot, Benford and Mayor Sonya A. Brown.
