News19d ago

Harlingen Fund Balance Climbs to Record $41.3M

What to Know: The city of Harlingen ended fiscal 2024-25 with a record $41.3 million fund balance and $66.5 million in revenue, both up from the prior year. An independent audit gave the city a clean opinion and found no instances of noncompliance tied to internal controls, signaling sound financial management. The city’s $37.4 million unassigned balance could cover about 191 days of operations, though officials said they are watching risks tied to retirement costs and state limits on property t