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Crockett council receives unmodified fiscal 2024–25 audit; fund balance described as healthy
Summary
The Crockett City Council received a near-final audit for fiscal 2024–25 that carried an unmodified opinion. Auditors reported a roughly 40% fund-balance-to-expenditures ratio and noted large water/sewer grant and loan balances still unspent as of September 2024.
The Crockett City Council received the draft fiscal year 2024–25 financial audit during its meeting, and auditors said they will issue an unmodified opinion once the report is finalized.
The audit presenter said the draft was about 99.9% complete and that the auditors intend to issue an unmodified opinion, meaning the financial statements are presented fairly in all material respects. “We are issuing an unmodified opinion,” the presenter said.
The audit shows a historically healthy general fund: auditors summarized a…
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