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Auditors give Lewisville an unmodified opinion; town shows growth in reserves

Town of Lewisville Town Council · November 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Gibson & Company issued a clean (unmodified) opinion on Lewisville’s FY2024–25 financial statements; finance staff reported revenues above budget, a rising fund balance and completed ARPA transfers into the general fund.

The town’s auditors told the Town Council that Lewisville’s annual comprehensive financial report for the fiscal year ended June 30, 2025, received an unmodified (clean) opinion.

Monty Pendry of Gibson & Company said, “in the opinion of Gibson and Company, based on the audit, that the financial statements of the town of Lewisville present fairly in all material respects the financial position of the town of Lewisville and the changes in net position of the town for the fiscal…

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