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County accepts draft audit with minor correction pending for SB 22 contract number
Summary
Callahan County accepted a draft audit with an unmodified (clean) opinion; commissioners approved acceptance pending the insertion of a missing SB 22 contract number on the schedule of state awards.
Carrie Hilrich, the auditor, presented Callahan County’s draft audit to the commissioners on Feb. 24 and said the report carries an unmodified (clean) opinion.
Hilrich said the audit is complete except for a single missing contract number for SB 22 funds that must appear on the schedule of state awards. She described that as a nonfinancial identification item and said she presented the draft so commissioners could accept it now and receive the final copies when that number is added.
Hilrich summarized year-end financials: about $41 million in total assets, $17 million in total liabilities, a net investment in capital assets of roughly $4.5 million, restricted debt-service funds of about $265,000, and an unrestricted net position around $18 million. She noted a positive change in net position of roughly $4.6 million for the year.
Commissioners moved to accept the audit in draft form pending the SB 22 contract-number correction. The motion was seconded and approved by voice vote; the transcript recorded no roll-call totals.
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