Port Arthur City Council celebrated a significant milestone during its June 30 meeting, as city officials announced the successful completion of all outstanding audits. Director of Finance Lynn Boswell confirmed that the city is now fully caught up, with no remaining findings from previous audits. This marks a notable turnaround, as the city had faced issues in its financial reporting for the past three years.
The council reviewed the single audit report, which highlighted only one material finding related to internal finance controls. Boswell assured council members that this issue is manageable and that steps are already in place to address it. “Going forward, the goal is to have no findings,” Boswell stated, expressing optimism about achieving this target in the upcoming fiscal years.
The completion of the audits is expected to enhance the city’s financial standing and transparency, paving the way for improved management of grants and resources. Council members praised the finance department for their hard work in resolving past issues, emphasizing the importance of maintaining clear financial practices moving forward.
As Port Arthur looks ahead, the focus will be on implementing necessary changes to ensure continued compliance and financial integrity, with Boswell committed to resolving the remaining internal control finding by the end of the fiscal year.