FY 2025 Annual Audit and Single Audit
Summary
An outside auditor gave Watauga its highest rating — a clean, unmodified opinion — with no material weaknesses or findings, including on federal COVID recovery funds. Total governmental fund balances sit at $44.3 million.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed May 19, 2026.
Impact analysis
Total revenues were $29.6 million against $31.9 million in expenditures, with a positive $7.3 million net change in fund balance.
Every resident benefits from the city staying financially healthy and able to borrow at good rates.
Mentions & discussions (2)
Watauga Economic Development Corporation - May 19, 2026
The fiscal 2025 audit shows the EDC's finances in good shape — $3.3 million in the operating fund, up $441,000, helped by strong interest earnings even though sales tax fell short of projections.
City Council - Mar 9, 2026
An outside auditor gave Watauga its highest rating — a clean, unmodified opinion — with no material weaknesses or findings, including on federal COVID recovery funds. Total governmental fund balances sit at $44.3 million.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Watauga, TX
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.