The City's audit documents.
LocalFacts is not a CPA firm and does not conduct audits. This page reports what the City's audited financial statements and Single Audit state, with page citations. The auditor's own words are quoted where the result is stated.
Open the primary reports.
Both documents are published by the City of Sugar Land.
Annual Comprehensive Financial Report
PublishedAudited financial statements, notes, and schedules for the fiscal year ended September 30, 2025.
Open the ACFR →Single Audit Report
PublishedFederal-award compliance audit, including the summary of auditor's results and findings.
Open the Single Audit →What the auditors reported.
Plain statements of the reported result. No LocalFacts conclusion.
Single Audit summary
Verbatim results“Section 2. Findings Related to Financial Statements None reported”
What this does not mean
LimitsFrom the audited statements.
Reported amounts, not computed estimates. Page numbers are the rendered PDF pages.
| Figure | Amount | Statement | Source |
|---|---|---|---|
| Total assets (primary government) | $1,651,644,727 | Statement of Net Position (Primary Government Total column) | ACFR · p.36 |
| Total liabilities (primary government) | $771,302,829 | Statement of Net Position (Primary Government Total column) | ACFR · p.36 |
| Total net position (primary government) | $864,273,997 | Statement of Net Position (Primary Government Total column) | ACFR · p.36 |
| Total revenues (program revenues + general revenues and transfers) | $334,195,008 | Derived from Statement of Activities | ACFR · p.37 |
| Total expenses (primary government) | $286,741,724 | Statement of Activities (Expenses column) | ACFR · p.37 |
| Change in net position | $47,453,284 | Statement of Activities (Primary Government Total column) | ACFR · p.38 |
| Property tax revenue | $72,519,131 | Statement of Activities (Primary Government Total column) | ACFR · p.38 |
| Sales tax revenue | $69,393,687 | Statement of Activities (Primary Government Total column) | ACFR · p.38 |
| General Fund total fund balance | $57,178,150 | Balance Sheet - Governmental Funds (General Fund column) | ACFR · p.39 |
| Total bonds payable, net (governmental + business-type activities) | $653,928,136 | Derived from reported figures | ACFR · p.76 |
| Net pension liability (TMRS, measured December 31, 2024) | $31,099,346 | Note - Changes in the Net Pension Liability (Net Pension Liability column) | ACFR · p.92 |
| Total pension liability (TMRS, measured December 31, 2024) | $397,022,673 | Note - Changes in the Net Pension Liability (Total Pension Liability column) | ACFR · p.92 |
These are selected figures from the Statement of Net Position, Statement of Activities, and fund statements. They are not a complete balance sheet. Derived figures are labeled as such in the source data. Source: ACFR.
No audit findings were reported.
The Single Audit states none; this is not an absence-of-risk claim.
Financial statements
“Section 2. Findings Related to Financial Statements None reported”
Federal and state awards
“Section 3. Federal and State Award Findings and Questioned Costs None reported”