External auditors report clean opinion for San Antonio fiscal 2024; committee praises finance staff
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Summary
External auditors presented the FY2024 external financial audit to the Audit Committee and reported an unmodified (clean) opinion with no material findings; committee members praised the city’s finance team for seven consecutive years without audit findings.
The Audit Committee received the city’s external financial audit for fiscal year 2024 on May 13. Amanda, representing the external audit firm, told the committee the audit results included an unmodified opinion, no scope limitations, and no modified opinions. The auditors reported that prior year findings had been resolved and that two proposed adjustments were communicated to management; one proposed adjustment was not approved by management but auditors described no material unresolved matters.
Victoria Reiter, assistant financial officer, summarized the audit scope and noted that the auditors reviewed federal and state grant compliance for required major programs. Reiter and the auditors said the city had not had material findings for seven years and described ongoing work to implement upcoming accounting standards.
Committee members commended the finance team — several members named Melanie King, Kimberly Núñez and Elizabeth Brulard — and discussed the value of external oversight. The committee did not record a final formal vote on forwarding the audit in the transcript, though members discussed sending the audit report to City Council for approval in the normal course of business.
