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County auditor notes timing issue in switch to modified accrual; commissioners renew investment policy, advertise bank bids and approve $549,006.87 in payments
Summary
Officials told the court a one-time timing adjustment tied to a change to modified accrual accounting made expenditures appear over budget; commissioners approved the annual investment policy with no changes, authorized bank-depository bids (due Feb. 19; award Mar. 3) and approved $549,006.87 in accounts payable, including a roughly $385,000 courthouse renovation payment.
County finance staff and the district clerk/auditor briefed the Commissioners Court on Jan. 28 about accounting and pre-audit items arising from a transition to modified accrual accounting.
Finance staff said certain January payments were required to be recorded in December 2025 because the services were incurred prior to year-end. The speaker described this as a one-time timing adjustment that made total expenditures appear to be over budget for the fiscal year (the general fund appeared…
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