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Cleburne audit: independent firm gives unmodified opinion; auditors note one ARPA compliance finding
Summary
Patillo Brown & Hill presented an unmodified opinion on the City of Cleburne's FY2024 financial statements; auditors reported one grant-compliance finding tied to timely inspections and said corrective steps are underway.
Patillo Brown & Hill presented the City of Cleburne's annual comprehensive financial report and offered an unmodified (clean) opinion on the fiscal year that ended Sept. 30, 2024, the firm's audit partner said at the May 13 council meeting.
John Manning, audit partner at Pattillo Brown & Hill, told council the firm reviewed the city's financial statements, met with the audit committee and found net position positive across governmental and business-type activities. "We were able to offer what's called an unmodified opinion," Manning said. He highlighted a 10-year statistical section that shows trend information for permits and other metrics.
Manning also noted one compliance finding reported under single-audit requirements: a small number of ARPA subrecipient files lacked required inspections within 12 months of claim submission because of turnover in grant administration. "It's not serious," Manning said. He said staff already has a new grant administrator and he expects the finding will be noted as corrected in next year's report.
Council asked questions about pension disclosures and funding. Manning pointed councilmembers to the schedules in the ACFR showing pension metrics, and explained that TMRS actuarial measures and asset performance drive the reported liability and the annual contribution rate.
Council approved acceptance of the audit by unanimous vote.
Why it matters: A clean audit supports the city's financial standing with bondholders and grants. The compliance finding relates to administrative processes for a federal grant and is being addressed by city staff.
What's next: Staff will continue monthly financial reporting and follow up on the grant-inspection scheduling to move the matter to prior-year status in the next audit cycle.
