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Plainview Housing Authority reports clean FY2024 audit; officials outline maintenance needs
Summary
Plainview Housing Authority reported a clean fiscal year 2024 audit to the Plainview City Council, with combined net position just over $2 million, occupancy at about 97% and an operational loss driven by repairs and insurance increases. The authority flagged aging infrastructure and personnel recruitment as near-term challenges.
The Plainview Housing Authority reported a clean audit for fiscal year 2024 to the Plainview City Council on Feb. 11, with officials saying there were no significant disagreements with auditors and no corrected or uncorrected entries.
"It is a clean audit, with no significant, difficulties in performing the audit, and there's no, corrected or uncorrected statements between us and the auditors," Joel Steed, chairman of the Plainview Housing Authority, told the council. Steed said the authority sent the full audit to council members by email and presented a high-level summary at…
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