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City Council accepts FY2023–24 comprehensive financial report; auditors issue unmodified opinion

2696723 · March 19, 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

External auditors presented the annual comprehensive financial report for the year ended Sept. 30, 2024, delivering an unmodified opinion; council voted to approve the report and accepted staff explanations about reserves and investment earnings.

External auditors presented the City of South Padre Island’s annual comprehensive financial report for the fiscal year ended Sept. 30, 2024, and told the council the audit produced an unmodified opinion on the financial statements and an unmodified opinion on the federal and state programs tested.

Jonathan Hall, a partner with Cartridge & Ingram (CRl), summarized the audit findings and told the council the financial statements “present fairly in all material respects” in accordance…

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