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Flower Mound council receives clean audit, unanimously approves 2025 comprehensive financial report
Summary
At its March 12 work session, the Flower Mound Town Council heard from newly engaged auditors who reported clean, unmodified opinions and no audit findings, and then unanimously approved the town's Annual Comprehensive Financial Report for the fiscal year ending Sept. 30, 2025.
At its March 12 work session, the Flower Mound Town Council heard a presentation from the town's newly engaged auditors and unanimously approved the Annual Comprehensive Financial Report (ACFR) for the fiscal year ending Sept. 30, 2025.
Rachel Ormsby, the audit partner from Forvis Masars, told the council the audit produced clean, unmodified opinions on the town's financial statements and on internal controls over financial reporting. "You received clean, unmodified opinions," Ormsby said, adding that the auditors also issued a separate compliance opinion for federal/state grants that were tested.
Ormsby said auditors tested the wind-down of the Coronavirus State and Local Fiscal Recovery Funds…
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