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Nueces County auditors issue unmodified opinion; commissioners warned reserve near policy target as 2023—24 budget looms
Summary
Patillo, Brown & Hill issued an unmodified opinion on Nueces County—s FY2022 Comprehensive Annual Financial Report; auditors and the county auditor warned the general fund reserve is close to the 25% policy threshold and urged commissioners to review estimated-actuals before 2023—24 budget workshops.
CORPUS CHRISTI — County auditors presented the comprehensive annual financial report for the fiscal year ended Sept. 30, 2022, and delivered an unmodified opinion while county staff warned commissioners that the general fund reserve is near the county—s 25% policy target.
Lisa (County Auditor) summarized the CAFR and key figures: the county—s government-wide net position was restated to $106,375,083 and increased by $11,083,475 compared with the prior year; governmental fund balances reported a combined ending…
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