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Annual financial report

Donna, Texas 2025 Annual Financial Report and Audit Findings

original file: 2025 Comprehensive Annual Financial Report (CAFR) (PDF)
Donna

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What is this?

The City of Donna’s 2025 Comprehensive Annual Financial Report presents the city’s financial statements for the fiscal year ending September 30 2025. An independent audit by JGV CPA Firm PLLC gave clean (unmodified) opinions on the governmental activities and most major funds, but issued qualified opinions for the business‑type activities and the Water and Sewer Fund because the auditor could not verify the accounting for amounts recorded under a 60‑month contract. The report also notes that the city adopted GASB Statement 101 (Compensated Absences) for this year.

Key figures

Fiscal year end September 30, 2025
Unmodified audit opinions Governmental activities, General Fund, Debt Service Fund, Northbound Construction Fund, City International Bridge Fund, Brush Collections Fund, Component Units
Qualified audit opinions Business-type Activities and Water and Sewer Fund
Contract length causing qualification 60 months
New accounting standard adopted GASB Statement No. 101 (Compensated Absences) for FY 2025
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