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Council accepts clean audit for FY2024–25; finance report shows strong reserves and new accounting hire
Summary
An auditor issued an unmodified opinion on the city's FY2024–25 financial statements, reporting no material findings; council accepted the audit and staff reported a general fund ending balance of $7.6 million (about 14.9 months of operating expenditures) and announced a new accounting hire, Susan Bramley.
The Bulverde City Council accepted the city's annual audit for fiscal year 2024–25 after auditors reported an unmodified (clean) opinion and no material written findings.
Audit highlights: The presenter told council the audit resulted in an unmodified opinion, routine journal entries were recorded and there were no significant written recommendations. "We did issue an unmodified opinion," the presenter said. The presenter added that a few adjusting journal entries were…
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