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Grayson County accepts 2025 audit after outside auditors issue clean opinion
Summary
Outside auditors told Grayson County Commissioners Court they issued an unmodified (clean) opinion on the county's fiscal year ending Sept. 30, 2025; commissioners accepted the annual financial report and single audit and heard that general-fund reserves are near 40%.
Jacob Bowman, an outside auditor with Cotillo, Brown and Hill, told the Grayson County Commissioners Court the firm issued an unmodified, or "clean," opinion on the county's annual financial report and single audit for the year ended Sept. 30, 2025. "We're happy to provide a clean opinion," Bowman said during the April 14 presentation.
Bowman highlighted several financial points: the county added about $8.1 million to its general fund balance during the year (compared with an expected addition of about $3 million), leaving the general fund just under $25 million at year end. He said that puts reserves at almost 40% of the general fund — well above the commonly recommended 20% — and that the Road and Bridge fund added roughly $1.5 million.
Bowman also said the audit work included federal and state grant programs that the county had spent in recent years, including ARPA COVID funds and funds from Senate Bill 22 for rural law enforcement, and that his team found no program-specific findings requiring additional corrective action.
Commissioner Wright moved to accept the annual financial report and single audit; Commissioner Arthur seconded the motion, and the court approved it by voice vote. The acceptance formalizes the audit record for the year and places the audited financial statements on the public record.
