The City of McAllen’s Firemen’s Relief and Retirement Fund released its September 30, 2023 financial statements together with an independent auditor’s report. The auditor gave an unqualified opinion, stating the statements fairly present the fund’s financial position and changes in that position. As of the reporting date the fund held $57,588,137 in net assets. During the year, firefighters contributed $2,010,356, the city contributed $2,155,354, and the fund earned a net investment gain of $4,987,718. The money‑weighted average return for 2019‑2023 was 3.83 %. A supplemental report on internal control and compliance was also issued on May 16, 2024.
| Audit opinion | Unqualified (fair presentation) opinion |
| Report date (internal control report) | May 16, 2024 |
| Financial statement date | September 30, 2023 |
| Total fiduciary net position | $57,588,137 |
| Member contributions (2023) | $2,010,356 |
| Employer contributions (2023) | $2,155,354 |
| Net investment gain (2023) | $4,987,718 |
| Money‑weighted average return (2019‑2023) | 3.83 % |