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External auditors give Parker County a clean opinion on FY2024 financial statements
Summary
Weaver and Tidwell presented the FY2024 audit and issued an unmodified (clean) opinion with no material weaknesses or findings; auditors reported total governmental assets of $215 million and a general fund balance of about $45 million.
Weaver and Tidwell presented Parker County’s FY2024 financial statement audit on June 30. Jackie Gonzales, the engagement partner, told the court the firm issued an unmodified (clean) opinion and found no material weaknesses or significant deficiencies in internal control.
Gonzales walked through key financial highlights: total governmental assets of $215,000,000, total liabilities of about $35.5 million, deferred inflows of $1,600,000, and a total governmental fund balance just over $178,000,000. She said total governmental revenues were just over $130,000,000 and total expenditures about $121,400,000; in the general fund she reported roughly $79.5 million in revenues and $73.8 million in expenditures.
Gonzales said the auditors performed single-audit testing of federal programs and issued a clean opinion on those as well, and noted the county qualifies as a low-risk auditee because it had no recent findings. The court moved to accept the audit; the motion carried 4-0.
