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City accepts FY 2024 audit; auditors report no material findings, single‑audit work underway
Summary
The City Council accepted the fiscal year 2024 audit presentation from Corvus Mazars; auditors reported revenue increases, higher expenditures tied to personnel and no material audit adjustments or internal‑control findings; ARPA funds were spent and the single‑audit will be finalized within 30 days.
The Anna City Council unanimously accepted the City’s fiscal year 2024 audit on May 27 after an audit presentation from Corvus Mazars and remarks from Finance Director Amy Ray Ferguson.
Auditor Rachel Ormsby, who led the engagement for Corvus Mazars, told council the firm performed its first year as the city’s independent auditor and had no material audit adjustments to report. Ormsby said the audit work to date shows revenues increased roughly $4.7 million year over year—driven by property tax, sales tax…
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