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Council praises staff as ACFR, audit approved unanimously
Summary
Council members applauded staff for preparing a clean Annual Comprehensive Financial Report; the council voted unanimously to approve the ACFR after finance committee review and an independent auditor's interaction.
The Prosper Town Council unanimously approved the town's Annual Comprehensive Financial Report and accepted the independent auditor's findings. Council Member Marcus Ray called the work "a huge testament to the work the staff has done," noting this was the second year the town prepared the ACFR internally.
A finance committee member told the council there were "no major findings" and that the report showed good fiscal discipline. "An independent auditor spoke to us even outside of interaction with staff," the committee member said, urging recognition for the finance and administrative teams. The motion to approve item 5 passed without opposition.
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