Texas · Local government · under $2M in federal spending
City of Bandera
Bandera, TX
The FY2023 single audit reports 1 finding: 1 repeat.
No FY2024 single audit on file as of October 30, 2026. For the fiscal year ending September 30, 2024, it was due June 30, 2025, 487 days earlier. It is expected because the FY2023 audit reported $1,453,076 in federal spending; an organization whose federal spending fell below the threshold would not need one.
Score: 16 of 100 (FY2023 audit)
The sum of eight parts, each read from the audit. How the score works.
| Part | Rule | Points | Max |
|---|
| Material weaknesses | 8 points each | 0 | 24 |
| Significant deficiencies | 3 points each | 0 | 9 |
| Repeat findings | 5 points each | 5 | 15 |
| Longest repeat chain | 2 years 3, 3 years 6, 4 years 9, 5+ years 12 | 6 | 12 |
| Modified major-program opinions | qualified 8 each; any adverse or disclaimer 15 | 0 | 15 |
| Questioned costs | known amount of $25,000 or more, by share and dollars | 0 | 15 |
| Going concern | auditor included a going-concern paragraph | 0 | 5 |
| Prior-year lateness | prior-year audit late or not filed, scored only with a finding | 5 | 5 |
| Score | | 16 | 100 |
Federal funding, FY2023
$1,453,076 in federal awards spent, across 3 programs. Largest funding agencies:
| Agency | Spent |
|---|
| Environmental Protection Agency | $1,157,861 |
| Department of Housing and Urban Development | $223,965 |
| Department of the Interior | $71,250 |
FY2023 audit
- FAC record
- 2023-09-GSAFAC-0000038948
- Fiscal year end
- September 30, 2023
- Accepted by FAC
- April 25, 2024
- Federal spending
- $1,453,076 · 3 programs
- Major programs
- 1
- Score
- 16 of 100
Finding 2023-003
repeat findingother matters
- Program
- DRINKING WATER STATE REVOLVING FUND (66.468)
- Compliance requirement
- Reporting
- Repeat
- Chain of at least 3 audit years; prior finding 2022-007
- FAC record
- FY2023 audit on fac.gov
Finding text from the filing
Condition: Failure to file annual financial reports with the Texas Water Development Board in accordance with bond covenants. Criteria: Filing annual financial reports on time with regulatory agencies is required to maintain compliance with debt convenants. Effect: The City's annual financial report was delinquent. Cause: Lack of monitoring by management and those charged with governace for compliance of debt covenants. Recommendation: We recommend the City monitor compliance requirements for all debt issued to ensure that reports are filed timely and the City remains in compliance with covenants.