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Annual financial report

Donna Texas 2019 Audited City Financial Report

original file: 2019 Comprehensive Annual Financial Report (CAFR) (PDF)
Donna

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What is this?

The City of Donna’s 2019 Comprehensive Annual Financial Report (CAFR) presents the audited financial statements for the fiscal year that ended on September 30, 2019. It includes the auditor’s unqualified opinion that the statements are fairly presented, a discussion of the city’s financial position, and detailed figures such as net position, unrestricted deficits, and governmental fund balances.

Key figures

Net position (assets exceed liabilities) 2019 $24,334,636
Net position (assets exceed liabilities) 2018 $28,004,791
Unrestricted net position deficit 2019 $29,343,119
Unrestricted net position deficit 2018 $25,909,900
Combined governmental fund ending balance 2019 $2,757,407
Decrease in fund balance from prior year $510,012 (16%)
Auditor’s opinion Unqualified – financial statements present fairly in all material respects
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