· Trigger
FY2025 ACFR filed; public commenters ask for a forensic audit
Auditors from CliftonLarsonAllen presented the fiscal 2025 report, noting nine findings regarding federal and state grants, one described as significant. A first vote to accept the report tied; the council then unanimously filed it with the City Secretary. Staff had identified about $43 million in the community investment program fund available for allocation; public commenters asked for a forensic audit, and council members expressed support but wanted cost information.[1][2]
Cole StanleyTim ReidLes SimpsonAndrew FreemanCliftonLarsonAllen LLP
What the sources say
- ✓ Verified
CliftonLarsonAllen auditor: At the June 23, 2026 meeting, a CliftonLarsonAllen auditor pointed out nine findings regarding federal and state grants, one of which he described as significant, related to an airport grant: the auditors could not identify which capital assets were federally funded.[1][3]
- Grant findings
- 9
- Significant findings
- 1
- ✓ Verified
The first vote to accept the fiscal 2025 ACFR was tied, with Mayor Cole Stanley and Councilmember Tim Reid voting no; Reid said his concern was that the report did not have findings. The City Attorney said state law only requires the report be filed with the City Secretary, and a motion by Stanley to file the final draft passed unanimously. The council had tabled the report at its previous meeting because not all members had reviewed it.[1][2]
- ✓ Verified
After a presentation by Deputy City Manager Andrew Freeman on how community investment program projects are closed out (159 projects closed out in this audit), staff identified around $43 million in the community investment program fund that the council could allocate in the upcoming budget, pending the closure process and reserve recalculation.[1]
- Cip available
- $43,000,000
- Projects closed
- 159
- ✓ Verified
The Amarillo Tribune reported that the $43 million figure, together with the City having a new Chief Financial Officer, prompted a few public commenters to request a forensic audit; Mayor Stanley asked whether the council was interested, and council members all expressed support but wanted to know the cost first.[1]
- ✓ Verified
The June 23, 2026 minutes record two votes on item 6.2. A motion by Councilmember Simpson, seconded by Councilmember Prescott, "to accept the City of Amarillo Annual Comprehensive Financial Report as presented" failed 2-2 (yes: David Prescott, Les Simpson; no: Cole Stanley, Tim Reid; absent: Don Tipps). A motion by Mayor Stanley, seconded by Councilmember Reid, "to file the audit from CLA in its final draft with the City Secretary's Office" then passed 4-0 (Stanley, Reid, Prescott, Simpson; Tipps absent). [2]