Sandy Paulos explained that there were $6.4M in unrecorded liabilities that should have been recorded in FY 2025 but were recorded in FY 2026. This issue stemmed from Workday pulling the Purchase Order date versus Invoice date. This issue was discovered and corrected.
City of New Braunfels Finance and Audit CommitteeNew Braunfels Corrected $6.4 Million in Unrecorded Liabilities
City finance staff said a Workday date issue pushed $6.4 million in fiscal 2025 liabilities into fiscal 2026. The error was corrected, and auditors issued an unmodified opinion.
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