Cuero city council received the results of its annual audit at last week’s meeting at the city administration building.
Auditor Steve Van Manen of Victoria reviewed the highlights of the report which covered the fiscal year that ended Sept. 30, 2014.
Van Manen opened by assuring the council the audit resulted in a “clean opinion” meaning city financial report is accurate.
The completed audit allows others to review the city financials. That could include creditors and bond rating agencies. They can determine whether the city’s financial condition improved or declined in the last fiscal year.
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