Auditors give Edinburg a clean opinion, report $28.5M unassigned fund balance

Casco and Associates presented the City of Edinburg’s annual comprehensive financial report for the fiscal year ending Sept. 30, 2025, and issued an unmodified (clean) opinion on the city's financial statements.

Alfred Veda of Casco and Associates introduced the audit team and thanked city staff. Auditor Roel Cantu reviewed the report and highlighted that, based on the sampled testing performed, the auditors found no significant deficiencies or material weaknesses in internal control. He added the standard caveat that limited sampling means undiscovered deficiencies are still possible.

Cantu pointed to the general fund figures: the city reported roughly $38,000,000 in total assets, an unassigned general fund balance of $28,487,000 and fiscal-year revenues of about $83,000,000 against expenditures near $87,911,000. Using those figures, the auditors noted the unassigned fund balance provides about 118 days of operations, well above the 70–90 days the auditors generally recommend.

City finance staff and the mayor thanked the finance team for their work and praised the healthier fund balance as evidence of sound fiscal management. Finance staff said the full report and schedules are available online for public review.

Separately on the consent/agendas and budget items, the council later approved a $91,006 reallocation of ARPA savings (item 12b) from two completed water projects to ongoing street improvements in order to meet US Treasury expenditure timelines.

The audit presentation concluded with council members thanking the finance department and auditors for completing the required report on time.