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Taylor council receives unmodified audit, hears $151.7 million net position for FY2024
Summary
The Taylor City Council voted to receive the city
Taylor City Council on March 20 voted to receive the city comprehensive financial report for the year ended Sept. 30, 2024, after the city received a presentation from its independent auditor.
Michael Brooks of Brooks Watson told the council the firm had issued a clean, unmodified opinion on the city's financial statements and summarized key highlights from the audit report. "We have issued a clean, unmodified audit opinion on the city's financial statements," Brooks said, indicating the statements were materially correct and disclosures complete.
Brooks summarized major figures included…
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