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Hutto receives unmodified audit; council adopts midyear budget amendments

2809022 · March 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Auditors issued an unmodified opinion on the City of Hutto's fiscal 2024 financial report, citing improved reserves and a certificate of achievement from GFOA. Council then approved ordinance O-2025-013 to amend the FY2025 budget with changes to revenues and expenditures across several funds.

The city's independent auditor, John Watson of Brooks Watson & Company, presented the annual comprehensive financial report for the year ended Sept. 30, 2024, to the Hutto City Council on March 27. Watson said the firm issued an unmodified audit opinion, the highest assurance level, and highlighted a certificate of achievement for excellence in financial reporting from the Government Finance Officers Association.

Finance Director Alberta Barrett told council total assets exceeded liabilities by about $244…

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