Collin County received an unmodified ("clean") opinion on its annual comprehensive financial report and single audit for the year ended Sept. 30, 2024, and the Commissioners Court voted unanimously to accept the reports.

The unmodified opinion was presented by Chris Pruitt, an audit partner with Patela Brown and Hill, who told the court the opinion means "the financials are free [of] material misstatement, and that they can be relied upon." County Auditor Robert Cohen introduced the presentation.

Pruitt highlighted several measures of fiscal health contained in the report. He said the county's unassigned general fund balance increased by $236,000,000 and noted the county received $24,100,000 more in revenues than budgeted. Pruitt also said, according to the audit, "for the year you're $76,900,000 in black." He described the statistical section as a set of 10-year trend schedules for financial, revenue and debt capacity information.

On the single-audit work, Pruitt said the county had more than $750,000 in state and federal funding and required additional tests on large grants. He said those tests covered the Coronavirus State and Local Fiscal Recovery Funds (federal) and the state Fund for Veterans Assistance and that the auditors found no findings for those programs.

After the presentation, court members moved to approve the reports. The motion carried unanimously.

The auditors also noted they expect to submit the county's financial report for the Government Finance Officers Association (GFOA) award for excellence in financial reporting and that the county likely will receive the award again this fall.