External auditors issue clean opinion on Georgetown’s financial statements
Auditors from Weaver and Tidwell gave the city an unmodified (clean) opinion on its fiscal-year financial statements and reported no material weaknesses; staff highlighted increases in assets and capital projects and noted property tax and sales tax growth for the year.
The full story
Finance staff summarized the city’s Annual Comprehensive Financial Report and said assets rose $428 million year over year, including $335 million in capital additions and $216 million in work‑in‑progress. The report noted increases in property‑tax and sales‑tax collections and elevated investment income.
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