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Kaufman County receives clean FY2024 audit; general fund holds about $14.5 million unassigned
Summary
County auditors Patillo, Brown & Hill LLP issued an unmodified opinion on Kaufman County's FY2024 financial statements and single-audit compliance; commissioners approved the report by voice vote.
Kaufman County Commissioners Court on an uncontested voice vote accepted the fiscal year 2024 independent audit report from Patillo, Brown & Hill LLP, which delivered an unmodified ("clean") opinion on the county's financial statements and on compliance for federal and state single-audit programs.
The audit presentation was delivered by Travis Rogers, a certified public accountant with Patillo, Brown & Hill based in Waco. "In our opinion, the accompanying financial statements present fairly, in all material respects, the respective financial position" as of Sept. 30, 2024, Rogers said, reading from the firm's standard auditor's report.
The firm highlighted key figures in the county's annual financial report: an unassigned general-fund balance of about $14,500,000 and general-fund total expenditures of just over $81,000,000, which included nearly $7,000,000 in capital outlay. Rogers summarized that, excluding capital outlay, the county's unassigned fund balance equates to roughly two and a half months of noncapital expenditures.
Rogers also told the court the firm found no material noncompliance with laws, regulations or grant agreements that would affect the financial statements. "In our opinion, the county complied in all material respects with the compliance requirements ... for the year ended 09/30/2024," he said, describing the single-audit conclusion.
Commissioners and county staff acknowledged staff work in preparing for the audit; Rogers thanked county personnel and singled out Brandy and the auditor's office staff for their cooperation during the engagement. After a brief exchange, the court voted to approve the audit report.
Why it matters: An unmodified auditor's opinion and a clean single-audit finding mean the county's publicly reported financial statements and its administration of major federal/state programs met the professional and compliance standards tested by the auditors. The reported unassigned fund balance and reserve level are metrics commissioners use when evaluating budget stability and potential fiscal policy decisions.
The court recorded the auditor's report acceptance as an approved agenda item and moved on to subsequent business.
