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City accepts FY2024 audit; auditors report no material findings and praise finance staff’s year‑end improvements
Summary
Anna’s City Council unanimously accepted the fiscal year 2024 audit. Independent auditors from Corvus Mazars reported no material audit adjustments or findings and said the city’s finance team made notable improvements in the year‑end close process. Staff said ARPA funds have been expended and the city will finalize required single‑audit reporting.
Anna — The City Council unanimously accepted the fiscal year 2024 financial audit after a presentation by the city’s auditor, Corvus Mazars, and staff from the finance department.
Finance Director Amy Ray Ferguson gave an overview of highlights: Moody’s affirmed the city’s A2 issuer and general-obligation limited-tax rating, the Texas Comptroller recognized Anna as a transparency “trailblazer” and the city received a GFOA award for its 2023 annual comprehensive financial report. Ferguson also said Corvus Mazars was engaged under a five‑year contract that began with the 2024 audit.
Auditor Rachel Ormsby, Corvus Mazars audit partner, told the council the audit’s objective is to…
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