· Related development
City issues a forensic-audit request for quotations; staff describe software-report errors and an ACFR footnote correction
As budget workshops began, staff said reports from the new financial software caused cash-flow figures needing correction and that staff were working with the audit firm to correct an ACFR footnote. The Tribune reported on August 13 that the City issued a request for quotations for a forensic audit on August 11, and that the ACFR shows $288 million in committed funds while the actual figure is closer to $207 million. The City's procurement portal lists it as RFQ 317-26 MRH, closing September 10, 2026.[1][2][3]
What the sources say
- ✓ Verified
On August 11, 2026 staff said some available funds appeared as negative in the proposed budget because of the software report issue and the need to match figures in the annual audit; the City Secretary said staff were working with the audit firm to correct a footnote, after which cash flows would be updated. Staff said the issue affects projected year-end balances, not the proposed budget.[1]
- ⚠ Sources differ
The Amarillo Tribune reported on August 13, 2026 that the ACFR used an incorrect number based on the software-generated reports, which the independent auditing firm was correcting: the ACFR shows $288 million in committed funds, while the actual number is closer to $207 million.[2]
- ✓ Verified
The Amarillo Tribune reported that the City issued a request for quotations for a forensic audit on Tuesday, August 11, 2026, and that Mayor Cole Stanley said a forensic audit could review the CIP fund commitments to verify the actual number.[2]
- ✓ Verified
The City's Bonfire procurement portal lists solicitation 'RFQ 317-26 MRH,' 'Forensic Audit and Related Professional Services,' among past opportunities, with a closing date of September 10, 2026. The listing does not show the number of responses or an award.[3]